Gutted. Thought I'd made last payment after extension. Now being asked for a P60 !

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carlibeth

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Post by carlibeth » Wed Oct 26, 2016 11:13 am
I have recently made my last Iva payment or so I thought . It was initially extended for 12 months so I've paid 72 months in total . Now they are asking for a p60 ! Can they extend it again ? Gutted
 
 

kallis3

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Post by kallis3 » Wed Oct 26, 2016 11:54 am
Hi,

I doubt they will extend it again - it may be that they just want to check that all monies have been paid.

Give them a call to ask why.
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Michael Peoples

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Post by Michael Peoples » Wed Oct 26, 2016 11:57 am
I agree with Kallis. This is juts a final check to ensure all overtime, bonuses etc have been paid. Well done on getting to the end.
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Foggy

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Post by Foggy » Wed Oct 26, 2016 1:17 pm
They have to do a final review of income to check that all of it has been accounted for ... no panic :-)
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Lisa Thomas

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Post by Lisa Thomas » Wed Oct 26, 2016 4:10 pm
They need to check you haven't been squirreling away extra monies in the last year that are due to be paid across into the IVA.

As long as that doesn't apply then you should be fine.
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carlibeth

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Post by carlibeth » Wed Oct 26, 2016 10:58 pm
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy

They have to do a final review of income to check that all of it has been accounted for ... no panic :-)
 
 

carlibeth

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Post by carlibeth » Wed Oct 26, 2016 11:04 pm
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by carlibeth
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy

They have to do a final review of income to check that all of it has been accounted for ... no panic :-)
sorry about that but not sure how I reply - thanks everyone for your help - I was advised in the last 12 months I could do overtime etc and my payments wouldn't be increased ( months 60-72 ) was this not correct and so if it's now found that I should of paid more will they just keep expending it forever more #128554;
 
 

luluj

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Post by luluj » Thu Oct 27, 2016 3:15 am
If additional money was earnt then I understand the same rules to apply around overtime and sending it in to benefit your creditors.
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Foggy

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Post by Foggy » Thu Oct 27, 2016 9:47 am
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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