I'm in an IVA and as agreed at the start would run for 6yrs. I'm in the 6th yr with 7 months left to pay. My original debt was 30,649. I've paid 34,986 so far. My reckoning by the end of the 6th year I'll have paid around 37.500. Why would they need equity release when I'll have paid over 6k more than the original debt. I just want it finished. At the start payplan told me no interest gets paid it is frozen. Who is getting the 6k+ over my original debt. ???
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