Should I cancel my payments?

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wayne848

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Post by wayne848 » Sun Jan 20, 2019 8:03 am
Hi.
I have just paid my last payment to cf. I’ve not heard from them in the last two years. Is it my responsibility to cancel my payment from my bank or should I wait till I get the end certification.
Thanks

kallis3

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Post by kallis3 » Sun Jan 20, 2019 9:31 am
Give them a call and confirm things. You may find you have a final review to make sure there are no more monies to be paid across.
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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Foggy

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Post by Foggy » Sun Jan 20, 2019 10:33 am
As Kallis says you need to check with your provider before cancelling payments. Give them a call --- you might have to be persistent, they are not good at communication!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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MerlinL14

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Post by MerlinL14 » Sun Jan 20, 2019 4:40 pm
I would cancel, but not spend it. If they take extra payment due to lapse of information then it would be a right pain to try and actually get this money back off them, where if you have it and they then say you have 1 or more payments left you at least can just pay it over.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues

abbiesmum2003

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Post by abbiesmum2003 » Sun Jan 20, 2019 8:59 pm
If you havent heard from CF in 2 years how have your reviews taken place?
Have you had the equity part of an IVA looked into? Do you meet criteria to release equity or do you not have property tonworry about it?
Need to get in touch with them to finalise things really.
Ifyou have made all the expected contracted payments then I too would (and I did) cancel standing orderto avoid excess being taken until confirmed otherwise. Like Merlin said they are quick to take but will be a PIA to try getting excess back!!!
Save it in case there are extra payments to make. They are not good at communicating and im not entirely sure they fully understand an IVA journey but to have not heard from them in the time frame for reviews and equity issues you need to chase them.
Good luck. Well done for getting to this point.
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