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Posted: Wed Nov 18, 2015 2:07 pm
by Eggs are ace
Hi everyone

I am just about to make my last payment into my IVA, no extension, so totally made up.

But my question is;

Should I cancel my direct debit after my last payment? or does it stay active? whats the done thing?

Cheers

Posted: Wed Nov 18, 2015 2:12 pm
by lifenoteasy
Get it in writing that the company has confirmed that it had been cancelled or cancel but set some money aside just in case.

Posted: Wed Nov 18, 2015 2:23 pm
by Michael Peoples
If it is a direct debit then the payments should stop being called. If you pay by standing order then you need to cancel that yourself but I agree with Lifenoteasy that you should just double check with your IP.

Congratulations on completion of the IVA and hopefully your entire wage packet will be yours in time for this Christmas.

Posted: Wed Nov 18, 2015 3:40 pm
by kallis3
Brilliant news! Totally agree with both the above.

Posted: Fri Nov 20, 2015 9:18 am
by Lisa Thomas
I agree too. - Well done on reaching the end!!