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Raffles66
- Posts: 13
- Joined: Thu Aug 18, 2011 9:39 pm
my repayments were reduced, due to circumstance will they be added on. also have 22 months left if loss job will they accept amount paid as full and final
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Niobe
- Posts: 5169
- Joined: Tue Jul 03, 2012 9:56 am
- Location:
Hello,
It will depend on what the circumstances are - I would suggest that you speak to your IP about this as they have detailed knowledge of your IVA.
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Broke of London
- Posts: 7761
- Joined: Sun Sep 05, 2010 6:04 pm
- Location: United Kingdom
Hi Raffles,
I would love to be more help but these are questions only your IP can answer. Some peoples' reduced payments are made up at the end, but others dont have to make up the shortfall.
Whether a F&F of payments made to date will depend on a number of factrs including whether you get any redundancy money and how far along into the iva you are.
Godd luck speaking to your IP and I hope things work out well with your job x