Hi I overpaid into IVA with payments and PPI.

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Louise.69

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Post by Louise.69 » Sun Oct 09, 2016 10:50 pm
Hi I overpaid into iva with payments and ppl payments into iva and I been told I overpaid they stop the direct debit what does it mean
 
 

luluj

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Post by luluj » Mon Oct 10, 2016 3:32 am
It sounds like you may have paid 100% of your original debt plus IP fees. You need to get it in writing if that is the case.

If this is so thr iva should show as completed and certificate should be issued. Your credit history will remain showing the iva until the 6th anniversary of its start date.
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Lisa Thomas

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Post by Lisa Thomas » Mon Oct 10, 2016 11:46 am
It sounds like you are able to finish your IVA early as a result of paying everything off in full - in which case well done!
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
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