100 pence in pound paid ?

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Eliza

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Joined: Thu Jun 14, 2012 3:31 pm
Location: United Kingdom

Post by Eliza » Wed Apr 05, 2017 9:23 pm
I will shortly have paid full amount of "admitted" debts back into my plan, what is the chance of these unclaimed debts being submitted in this final few months.
I have been through four and a half years of paying substantial amounts each month and just beginning to get excited
Stop the world i wanna get off !!!!!!!

Foggy

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Post by Foggy » Thu Apr 06, 2017 7:44 am
The creditors who have not made a claim will be given a final chance to do so. Although you might have paid in 100% of the admitted debt, the IVA will continue until you pay over 100% of the full debt, plus fees and possible statutory interest, or to term, so don't get too excited yet. :-(

You are pretty close to ending anyway :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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