I completed my IVA last month. A creditor has sent me a cheque for 1p. Why ?

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westie

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Post by westie » Thu Oct 06, 2016 6:50 pm
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I completed my IVA last month and have letter and cc confirming. One of my creditors has written to confirm debt will be logged as satisfied with Experience etc. They also sent a cheque payable to me for 1p. What is this for? any ideas / advice please
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Foggy

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Post by Foggy » Thu Oct 06, 2016 7:17 pm
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Overpayment --- their computer doesn't recognise that it costs much more to return 1p !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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