entered into to an iva coming up to six years now - was 5 years originally and now unable to afford to release any equity - if a further 12 months is forced- will this definitely be an end to it.
As long as no payments or extra payments due have been missed and either the minimum dividend has been met, or, more commonly, there was no minimum specified the 12 month extension in lieu of equity will be the end. This is assuming you have the usual 12 month extension clauses.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Totally agree with Foggy. Just check with your IP company.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
