Hi, we entered a iva in 2009, not paid it for two years. What do we do now ?

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Ann.77

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Post by Ann.77 » Mon May 16, 2016 11:00 pm
Hi, we entered a iva in 2009,and paid it for 5 years, they stopped taking the direct debit,now they are saying we owe six thousand pounds, and have not complied in telling them extra money was earned, so have not paid anything for two years, what do we do now.
 
 

stringyAcid

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Post by stringyAcid » Mon May 16, 2016 11:15 pm
Is the iva still active. Are you still on the insolvency register?
How has the 6 k been worked out, have you got a breakdown of calculations.
 
 

luluj

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Post by luluj » Tue May 17, 2016 3:40 am
I would seek a full breakdown of the £6,000 and discuss why it has taken them two years to calculate and inform you of this. Ultimately if you have earnt additional monies and this figure is owed then you will need to agree a payment method to resolve to enable closure of iva and certificate to be issued.
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Lisa Thomas

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Post by Lisa Thomas » Tue May 17, 2016 9:48 am
I agree ask them for a full breakdown, evidence as to how they arrived at those figures and an explanation as to why they have waited 2 years to ask for this. Send in writing via recorded delivery..
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Shining

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Post by Shining » Tue May 17, 2016 2:39 pm
Hi and welcome.

Hope you get this sorted, any other question do just ask. We're here to help.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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