www.iva.co.uk

Hi

I have been told that an offer of £6000 was what was needed to settle my IVA early andf not to stop payments until approved which was started in Jan 2010. The amount of £6 was calculated then and I still kept paying until the hearing date of April 28th 2010. Synergi are now saying they will also keep all my extra payments made to date on top now surely that cant be right as I have the correspondence in fromt of me from them advising £6k in full and final yet I have paid another £1k since!!!! Please help

Sarah

Hi Sarah,

I think they can do that. The full and final is what is put on the table at the creditors meeting. You are expected to continue paying u until then, and this will go towards the IVA.

Look at it like this, you have managed to pay back a bit more to your creditors and this is to be applauded.

I think that you must be dealing with ClearDebt now and not Synergi as their IVA portfolio was sold towards the end of last year. It is not unreasonable for creditors to expect you to maintain payments until an offer of settlement is submitted.