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Posted: Wed Nov 16, 2016 7:55 pm
by Janet.02
We paid our iva off with VN in full on 5th october, when do they pay our creditors.
Posted: Wed Nov 16, 2016 8:27 pm
by Foggy
Normally the final distribution to creditors would be within a few months of the final payment. However VN are in administration and there is a back log of completions to be dealt with, so it could be some time longer.
Posted: Thu Nov 17, 2016 10:08 am
by Lisa Thomas
Depends how proactive your IP firm is. Check your proposals - some will allow up to 6 months for the closure process.
Chase your IP in writing for an update.