Our IVA is being cancelled. What happens to all the money paid in ?

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Paula.21

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Post by Paula.21 » Fri Oct 21, 2016 5:16 pm
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We have paid over 32000.00 into ore iva are depth was 27000.00 now it's being cancelled what happens to the money paid in
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kallis3

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Post by kallis3 » Fri Oct 21, 2016 5:19 pm
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Hi,

Why is the IVA is being cancelled?
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
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Foggy

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Post by Foggy » Fri Oct 21, 2016 5:26 pm
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Any money paid in will be distributed to creditors, net of fees.

Why is the IVA failing at this late stage ?
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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luluj

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Post by luluj » Fri Oct 21, 2016 6:16 pm
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Have you met all your iva commitments ? What reason have they given for it to be failed ??
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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kallis3

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Post by kallis3 » Sat Oct 22, 2016 11:22 am
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I'm now a bit confused Paula having looked at previous post of yours - you said a few years ago that it was failing. Did you manage to get another one?
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
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