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Posted: Wed Oct 26, 2016 11:13 am
by carlibeth
I have recently made my last Iva payment or so I thought . It was initially extended for 12 months so I've paid 72 months in total . Now they are asking for a p60 ! Can they extend it again ? Gutted
Posted: Wed Oct 26, 2016 11:54 am
by kallis3
Hi,
I doubt they will extend it again - it may be that they just want to check that all monies have been paid.
Give them a call to ask why.
Posted: Wed Oct 26, 2016 11:57 am
by Michael Peoples
I agree with Kallis. This is juts a final check to ensure all overtime, bonuses etc have been paid. Well done on getting to the end.
Posted: Wed Oct 26, 2016 1:17 pm
by Foggy
They have to do a final review of income to check that all of it has been accounted for ... no panic
Posted: Wed Oct 26, 2016 4:10 pm
by Lisa Thomas
They need to check you haven't been squirreling away extra monies in the last year that are due to be paid across into the IVA.
As long as that doesn't apply then you should be fine.
Posted: Wed Oct 26, 2016 10:58 pm
by carlibeth
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
They have to do a final review of income to check that all of it has been accounted for ... no panic
Posted: Wed Oct 26, 2016 11:04 pm
by carlibeth
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by carlibeth
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
They have to do a final review of income to check that all of it has been accounted for ... no panic
sorry about that but not sure how I reply - thanks everyone for your help - I was advised in the last 12 months I could do overtime etc and my payments wouldn't be increased ( months 60-72 ) was this not correct and so if it's now found that I should of paid more will they just keep expending it forever more #128554;
Posted: Thu Oct 27, 2016 3:15 am
by luluj
If additional money was earnt then I understand the same rules to apply around overtime and sending it in to benefit your creditors.
Posted: Thu Oct 27, 2016 9:47 am
by Foggy