A full and final is often nothing of the sort -- mine was simply a moratorium on payments pending the issue of a completion certificate. The devil is in the detail -- check how your "Full and Final" offer is worded.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Just a quick footnote " In accordance with the variation approved by the creditors on ** April 2012, the debtors agreed to make contributions as follows £******* To date I have received £ ******* from this source and can advise that payments are now complete."
Mine was accepted as it was - nothing about PPI at all but my husband (who completed his IVA at the full term) still has the PPI hanging over him.
As Foggy says, the devil is in the detail.
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
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by mike523152
Just a quick footnote " In accordance with the variation approved by the creditors on ** April 2012, the debtors agreed to make contributions as follows £******* To date I have received £ ******* from this source and can advise that payments are now complete."
Playing devil's advocate .....
the "payments are now complete" phrase refers to the earlier used definition of agreed contributions.
So ... agreed contributions are complete ... this will be interpreted as the regular agreed monthly payments. PPI, overtime, bonus payments, windfalls and the like are over and above "agreed contributions" and are not considered complete.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
