www.iva.co.uk

Simple question - if an iva started mid September 2011 for example and the first payment was made available for the creditors meeting when would the last payment be if a standard 60 month agreement?

I would say 60 months ends mid August 2016 but being told payments go right up to the end of the month in which iva started I.e. In this example September 2016.

Surely that means the iva is longer than 60 months?

I think you need to challenge this - you should not have to pay past the 60 payment date.

It has been challenged and that's why I'm coming back to the board - I will get a more sensible response.

We had 60 payments in total.

Your posts in the previous thread got me thinking about my completion date + last payment.

My IVA started on the 28/29 July 2011 - My first payment was sent on the 12 July.

CF said the end of July is the last payment, I thought it would be mid June, scratching my head I put the dates here and it came up mid July http://www.timeanddate.com/date/dateadd ... =&ad=&rec=

Hope you get it sorted, not sure whats going to happen with mine.

I kind of agree with the date that you have come up with BUT our first payment was available at the creditors meeting.

At the very least our payments should not go past the date that is on the insolvency register unless we were paying 1 month in arrears.

Effectively the month 1 payment starts from the date of our meeting.

If you had to make 60 payments then you should only make 60 payments...

Apparently this is best guess as staff at the IVA company in question cannot access our file at the moment.

We were only transferred to them 15 months ago:(