www.iva.co.uk

Hello, my last payment of IVA is 25/12/2020 - I never missed payment, reported all changes etc.
Today I received a letter that my IVA has been extended by 6 months to enable the Supervisor to finalise the administration of the agreement. OMG! I am so stressed as I can't wait for this nightmare to end ...and now 6 mnth longer? What that means to me? Do I have to pay for 6 months extra? Do I have to send the income and expenditure reports? I am so fed up and lost please help Aggy x

No, you won't have to pay any extra. It's just admin. Well done on getting to the end.

As Kallis says, they have extended the admin period for closing down at the end. This is normally 6 months but covid is slowing everything down, so many IPs are asking for extensions.