www.iva.co.uk

me and husband are having a varation meeting on monday to reduce our montly payments our IP is proposing the IVA to extend for and extra year makeing a 6th year IVA so they get back the same pence in £ my question is do we remoragae in the 4th year or the 5th year.

Hi
If your chairmans report states the fourth year then it will still be that unless the variation adjusts that date to year five or six
Regards

The variation should adjust that to the final year.