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Posted: Tue Aug 18, 2015 5:21 pm
by Angela.q
I had a iva starting in 2008 for 60 months with ads the company changed name several times and I was worrid that my debt wasnt going down even though the was ppi paid out to I called up another ocompany for advice and explained my situation ... I ended up having a iva with them my debt were even more althought i had paid for 2 years and ppi was paidI did query at the time but didn't want people knocking door... its 2014 I still have over a year left do in total my debters will of had 93 months payments by the time I finnish when on the original agreement at beginning was 60 months can I do anything about ths ?
Posted: Tue Aug 18, 2015 5:35 pm
by kallis3
Hi and welcome
Not quite sure why you are doing an IVA for this length of time - are you sure it is an IVA? What is the company called now?
Posted: Tue Aug 18, 2015 5:35 pm
by Foggy
Which companies were involved ? Did the first IVA fail ? This would have been a waste of time and the money paid into it lost. Your time in an IVA started again when you started the second IVA. Your creditors will only have got the money from the second IVA as most of the first one would have gone on fees.
Which company are you with now ?
Posted: Tue Aug 18, 2015 7:16 pm
by kallis3
. Would love to know who the company was as it sounds as though you had problems in the first place.
Posted: Wed Aug 19, 2015 11:05 am
by Lisa Thomas
I'm not quite understanding what has happened. I can only assume your first IVA failed and you somehow managed to do another IVA? Are you sure BOTH schemes were IVA or was it perhaps and information arrangement/Debt Management Plan?