Hi just had our full and final payment agreed

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Post by JoeB » Fri Aug 06, 2010 2:06 pm
Hi we have just had our full and final payment agreed in settlement of our IVA (agreed two weeks ago) we have sent the money our firm. I assume the windfall clause no longer applies - yes


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Post by SometimesTina » Fri Aug 06, 2010 2:11 pm
is this some kind of coded message - yes
Best Wishes,
Tina x

Even trannies get in debt

Michael Peoples

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Post by Michael Peoples » Fri Aug 06, 2010 2:13 pm
If you have won the lottery but have not yet received your certificate of completion you should notify your IP who will have full details of your case. While your full and final may have been accepted, the IVA is not officially over until the certifcate has been issued.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com


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Post by voyger02 » Fri Aug 06, 2010 2:14 pm
hi a n other do you mind me asking what you paid out f how much they were looking for.


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Post by kallis3 » Fri Aug 06, 2010 4:43 pm
Each F&F is individual, you would usually be expected to pay as close to the original dividend as possible.

I have to agree with Michael that until you get that completion letter, the creditors can request money from a windfall and you should inform your IP.
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.


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Post by Shining » Fri Aug 06, 2010 4:50 pm
Congratulations on your full and final..enjoy your debt free future. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.


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Post by MelanieGiles » Sat Aug 07, 2010 9:31 pm
An IVA is never completed until your IP has issued the Certificate of Due Completion, and has ceased to act.
Regards, Melanie Giles, Insolvency Practitioner
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