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Posted: Sat Mar 15, 2014 11:11 am
by Mark.xr
We have 5 months to go in our IVA and have just had our house valued. There is no equity (as expected) and GT (who have been brilliant for us) have confirmed we don't have any deminimis payments to make. I see 5 more payments ahead and then what? Assuming my final I&e is accepted and I don't owe anything from this year, will I just need to wait for the completion certificate and I am completely free? Do GT have any claim on any money earned once I finish month 60? It's getting so close now!
Posted: Sat Mar 15, 2014 11:31 am
by Foggy
Hi and well done on getting this far. Confirm, nearer the time, the date of your final payment with GT. Then cancel the DD. There are times when some money due comes to light ( missed overtime or some such ) but this is usually easily sorted.
You will still have to pay in anything like PPI due and GT will hold you to windfall clauses until they issue the completion certificate ( lottery wins, inheritances, etc.). But, after that final payment, wages, overtime and bonus payments are yours and of no further interest to your IP.
Posted: Sun Mar 16, 2014 9:08 am
by Struzzo39
Well done on coming this far. Not long to go now
Posted: Sat Mar 22, 2014 11:15 am
by Christabelle_sparkle
Well done on getting this far[:)]
Posted: Sat Mar 22, 2014 7:22 pm
by luluj
Five more payments and debt free ! Good luck x