I was told that my iva can be finished after year 5 by payint a lump sum of my year 6 payments now i am told by the company that this was a mistake is this correct
If you get an extension, or indeed at any other time, you are free to make an offer (usually the sum of outstanding payments) as a full and final settlement of the IVA.
Which company are you with ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014