Get expert opinion. This is the place for new questions to be posted.
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Steve.07
- Posts: 7
- Joined: Sat Feb 09, 2013 6:14 pm
If my iva total is 21000 and funds received are more ,am I entitled to the extra money collected
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plasticdaft
Forum Expert
- Posts: 9562
- Joined: Wed May 21, 2008 12:45 pm
- Location: United Kingdom
If you repay your total debt plus fees plus statutory interest if applicable then you may get something back. Are you in an iva?? Are you talking about ppi reclaiming?
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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kazzafunk
- Posts: 4749
- Joined: Sat Mar 19, 2011 6:47 pm
- Location: United Kingdom
Agree with the above advice. Check your proposal as a lot of the newer IVA proposals do not include statutory interest so it may just be the original debt plus fees.
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Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
Hi and welcome to the forum. As others adise check that proposal and if still unsure do check with your IP. If you pay 100% of debt owing your IVA will conclude early.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.