How come we have a shortfall ?

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jacqueline138

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Post by jacqueline138 » Tue Nov 07, 2017 6:46 pm
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We been told we are going to have a short fall in are IVA we have not missed a payment and only have 1 year left and we finished so how come we have a short fall when they worked out the payment monthly with the credits.
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Foggy

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Post by Foggy » Tue Nov 07, 2017 6:59 pm
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You need to ask your IP to explain. Have there been any undeclared increases in income ? Was there a minimum dividend imposed ?
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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Lisa Thomas

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Post by Lisa Thomas » Wed Nov 08, 2017 10:29 am
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Shortfall of what?

i.e creditors are not being paid in full? That's common and shouldn't be a problem.

What exactly have they said?
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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