How many 12 month extensions can they be on my IVA?

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Stephen.50

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Post by Stephen.50 » Fri Jan 25, 2019 10:41 am
My IVA was for 60 months. This has been extended to 84 months. It is now going to be extended for a further 12 months because I cannot remortgage. Have I any grounds to argue that the12 month extension has already been applied.

Foggy

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Post by Foggy » Fri Jan 25, 2019 11:20 am
It will depend on what the previous extensions were for and when they were applied. The 12 month extension in lieu of equity is additional to previously applied extensions made for other reasons.

What were the previous extensions in relation to ?
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
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