hi I have an iva agreement due to end this september yesterday I got a call from the administrators to say that i may have to do extra 2 years as there is a short fall and that a mistake was made when they calculated the iva. At the start i was told that I have to pay and amount of money every month for 5 years and that it was a possibility for it to be extended to 6 so my house wouldn't be affected by the iva and now they want more money for two years help please I haven't got any extra money
First of all I would get them to explain, chapter and verse, what this mistake was and why it was made. Then, according to what they say, take it from there.
Who are you with ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
This does not sound right. Which iva company are you with ? Have you asked for a full review and conversation with the IP ...if they have made an error you should not be penalised for it.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !