If IVA is approved, how long is it until first payment has to be made ?

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Johng79
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Joined: Sun Mar 12, 2017 8:12 am
by Johng79 » Fri Apr 28, 2017 9:33 am
Hi,

IF iva is approved at creditor meeting, how long until 1st payment is to be made?

Thanks
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luluj
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Joined: Sun Dec 09, 2007 6:54 am
by luluj » Fri Apr 28, 2017 10:30 am
It varies - some companies take it immediately others ask for it within 28 days, some take it in advance ....which company are you going with ?
Johng79
Posts: 108
Joined: Sun Mar 12, 2017 8:12 am
by Johng79 » Fri Apr 28, 2017 10:40 am
mccambridge duffy. Have been good with me so far, just waiting on proposal, then its the anxious wait for meeting
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kallis3
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by kallis3 » Fri Apr 28, 2017 10:59 am
You will be fine with them. My first payment was made 28 days after approval.
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Oya
Posts: 107
Joined: Fri Feb 03, 2017 8:35 am
by Oya » Fri Apr 28, 2017 10:11 pm
I am with stepchange and it's 2 months after the approval. I had my Iva accepted April 3rd and my first payment will be July 1st.
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