My IVA was due to finish in November 2015. My supervisor told me:-
- she was obliged to make enquiries about a re-mortgage/secured loan to repay the remaining debt and
- at least 3 of the smaller creditors (6 in all) had not responded to a call to register their interest as creditors and, as a result, I had, in fact overpaid to the larger creditor (MBNA).
A remortgage is highly unlikely due to insufficient income and age (72).
I have heard nothing since Nov 2015; am I likely to open "a can of worms" if I start asking questions? Should I let sleeping dogs lie?
I agree with Foggy - if they decide the 12 month extension applies you will want to get on with this asap otherwise it will just cause more delays.
Please can you explain what you mean in that MBNA had been overpaid?
If other creditors missed the statutory claims submission deadline then they can be omitted from the dividend or the Supervisor can reserve funds for the other creditors. I cant see how either of these things would result in MBNA getting overpaid?