Received a cheque

Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1
User avatar
edbling
Posts: 9
by edbling » Fri Sep 15, 2017 3:34 pm
Hi, my iva was finished in March, I have my completion certificate and I'm now off the insolvency register. I received a cheque from one of my creditors for what they called "over payment", it's for a few hundred pounds which is great. Is it actually mine or do I have to send it to the IP? Has this happened to anyone else? Thank you.
User avatar
Foggy
Forum Expert
Posts: 24130
Contact
by Foggy » Fri Sep 15, 2017 3:40 pm
I would say that this is yours to keep. But, I guess it's down to whether your IP feels it is economical to re-open the files and re-work the dividends to the other creditors, which I doubt.
User avatar
MerlinL14
Posts: 1168
by MerlinL14 » Fri Sep 15, 2017 5:24 pm
I won't tell if you don't :shock: :wink:
User avatar
luluj
Forum Expert
Posts: 9871
Contact
by luluj » Fri Sep 15, 2017 6:59 pm
I would bank it and enjoy it!
User avatar
Michael Peoples
Industry Expert
Posts: 15188
Contact
by Michael Peoples » Mon Sep 18, 2017 11:32 am
You may been given a list of creditors at completion and any unclaimed dividends would be divided among them. Check with your IP to be sure but it may just not be cost effective to do this.
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: kallis3 and 14 guests