Simple question - if an iva started mid September 2011 for example and the first payment was made available for the creditors meeting when would the last payment be if a standard 60 month agreement?
I would say 60 months ends mid August 2016 but being told payments go right up to the end of the month in which iva started I.e. In this example September 2016.
Surely that means the iva is longer than 60 months?
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
I think you need to challenge this - you should not have to pay past the 60 payment date.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
It has been challenged and that's why I'm coming back to the board - I will get a more sensible response.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
I kind of agree with the date that you have come up with BUT our first payment was available at the creditors meeting.
At the very least our payments should not go past the date that is on the insolvency register unless we were paying 1 month in arrears.
Effectively the month 1 payment starts from the date of our meeting.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Apparently this is best guess as staff at the IVA company in question cannot access our file at the moment.
We were only transferred to them 15 months ago:(
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.