I have paid more than my debt. Do I get back what's left ?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply
 
 

Susan.60

User avatar
Posts: 21
Joined: Wed May 08, 2013 4:19 pm
Post by Susan.60 » Tue May 28, 2013 5:41 pm
Quote
I have paid £100.00 to by Iva my initial debt was £82.000 do they take of what I have already paid each month and do I get what's left
Top
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9562
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom
Post by plasticdaft » Tue May 28, 2013 6:07 pm
Quote
You will only ever get back surplus if you repay your initial debts in full plus ip fees plus statutory interest.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Top
 
 

luluj

User avatar
Forum Expert
Posts: 11333
Joined: Sun Dec 09, 2007 6:54 am
Location: United Kingdom
Post by luluj » Tue May 28, 2013 7:06 pm
Quote
Hi Susan

are you saying you have paid £100k in against your original debt of £82K - if so this is 100p in the pound paid back plus IP fees ....this sounds about right personally but you would be best discussing this with your IP direct to seek their assurances.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”