Complete newbie to the forum but I desperately need some support!
Long story short -
Started our IVA in May 2013, complied fully. Year 5 asked to try and release equity in our home but couldn’t so entered into another year of payments. All done and dusted.
Thinking we’re about to end our IVA we find out At some point during our IVA, HMRC have put in a “claim” for a higher amount.
Creditors meeting held. The majority of creditors agree to let us finish the IVA as it is, apart from HMRC who make up, literally just over 25% of our outstanding debt.
I’ve been chasing our IVA provider but told we have to wait to hear from them.
So we’re in limbo. It’s not good.
Don’t know what to expect.
A extension on our IVA?
Have to start a new IVA?
Or are HMRC going to try and bankrupt us?
Has anyone been through similar or able to advise us what we might be in for?!
We’re so upset. We thought we had done everything by the book and we’re so excited to finally be coming to the end of it.