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Neildr4
- Posts: 1
- Joined: Tue May 17, 2016 12:18 pm
We very recently paid our 60th and final payment scheduled in our IVA but now have to repay a further sum of money -partially due to payment holidays which I do not dispute, but also due to a number of issues with our Insolvency Practitioners.
I wholeheartedly dispute these facts and have taken the matter as far as I can with them, other than giving us £200 by way of an apology they are not prepared to negotiate further and insist that the money is paid.
I am looking for advice here - is it worth taking this matter up with an independent body, and if so, who?
As much as I do not like the idea of giving them money that I don't believe I should, I am scared that by pursuing action against them they would be in a position to withhold the completion of our IVA. We have suffered for 5 years, and have agreed a further 7 months to repay the money. Part of me thinks just paying up and starting 2017 I debt free is just easier.
Has anyone challenged similarly? What are the risks? How difficult would it be?
Any advice much appreciated
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stringyAcid
- Posts: 72
- Joined: Thu Sep 03, 2015 10:33 pm
- Location: United Kingdom
Can you give the forum more detail of how the sums have been calculated and what part if that sum you consider as a mistake.
Withholding payment of funds due to the arrangement can lead it too failure. I
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Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
Hi and welcome.
Have you asked for a breakdown on paper of how these arrears have accumulated? If so, are these the figures you disagree with?
To my mind, if they've given you £200 by way of an apology they are admitting blame for something?
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.