I am 8 months into my 12 month extension period and paid for 5 years before that . Never missed a payment or took a break but today received a 6 month extension letter. Does this mean they're extending it again?
It may well mean they are looking at the end and some companies use this to tie up loose ends and make sure everything has been paid.
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
The 'standard' agreement has a 6 month admin period built in, after the final payment. This can be extended, on notice, twice --- by 6 months and by 3 months. I imagine that this is what they are extending, as a precaution, to cover anticipated delays caused by covid-19. But, as ever, it is worth checking with your provider.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk