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Posted: Thu Jun 10, 2010 1:57 pm
by artemischild
Hay all
I know its a while off, but following the recent revaltion that my IVA finsihes before i thought it did it got me wondering......[?][?][?]
My IVA ends on the 24th April 2012, i usualy pay my IVA company on the 1st of each month, so will my last payment be April 1st 2012 or May 2012??
Sailboats and waves
Arty
)O(
Posted: Thu Jun 10, 2010 1:59 pm
by kallis3
I've no idea, but the best thing would be to check with your IP nearer the date.
Posted: Thu Jun 10, 2010 2:19 pm
by Declan at DebtFreeDirect
Hi Arty
Bst thing to do as Jan says is to contact your IP nearer the date or at anytime so as you know for sure.
Thanks
Posted: Thu Jun 10, 2010 2:28 pm
by Jinx
60 months from the date on your court paperwork that your IVA was approved, providing that you haven't defaulted any payments. Any cheques sent direct to the IVA company prior to the approval date do not count as part of your 60 payments.
Posted: Thu Jun 10, 2010 2:38 pm
by artemischild
Hay Helen
Equity release istn involved......i have non
!! Just me and my cardboard box lol!
I'll get counting then and see where my magic finger falls!
Crispy elbows!
Arty
)O(
Posted: Thu Jun 10, 2010 2:56 pm
by kallis3
Helen is correct Jinx, some of these upfront payments do count towards the IVA.
Posted: Thu Jun 10, 2010 2:58 pm
by artemischild
No i dont helen............he ran away
((( thanks for the reminder!!!
Arty
(will today be mostly lonly and missing his fictitious tramp dog......that ran away)
Posted: Thu Jun 10, 2010 4:17 pm
by artemischild
Have checked, it will indeed be 1st MAy 2012 BooOOOoOOoO!!! lol
Posted: Fri Jun 11, 2010 8:05 pm
by clareyfarey
Oooh I wonder when my last payment will be then....My IVA finishes on 4th October 2010 (OMG THAT'S SOOOOO NOT FAR AWAY!!!) but my payments are made on the 15th of each month. I know I paid October 2005's payment by cheque, so I wonder if I'll have to pay October 15th as well???? Right....off to pen an email to GT.....
Good luck with the rest of your IVA's all
Cx
Posted: Fri Jun 11, 2010 8:15 pm
by Adam Davies
Hi
You are so close Clareyfarey, do you have any plans once you are debt free ?
Regards
Posted: Fri Jun 11, 2010 8:22 pm
by kallis3
Not long to go now - must be a wonderful feeling.
Just check with your IP as to the date of your final payment so there are no nasty surprises.
Posted: Fri Jun 11, 2010 9:33 pm
by 31101932
Hi clareyfarey, my understanding is that if your IVA is for 5 years you make 60 payments.
Since your first payment was in October 2005 the 60th payment will be in September 2010.
With my first payment having been made in July 2005, my last payment goes next week [8D].
My standing order expires after next week's payment so as far as I am concerned that is the end.
60 monthly payments plus extra payments from bonus and Sharesave plans.
A tough journey, but no more borrowing for me.
Posted: Fri Jun 11, 2010 9:50 pm
by Shining
Wow almost done for you 31101932!
Clareyfarey, almost there, I'm counting down now, almost half way for me x