Payment break

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JANE007

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Post by JANE007 » Sat Jan 17, 2015 3:53 pm
Hi I had a payment break years ago and the three month break was added onto the term of iva.I have no equity and my iva will finish on month 60 can I pay off the three months payments on month 60 or do I have to pay month 61,62 and 63 it's just my nan has given me £300 meaning I could pay the iva off on month 60 or would the iva make me pay over the extended months has anyone been in the same situation would appreciate any advise
 
 

Michael Peoples

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Post by Michael Peoples » Sat Jan 17, 2015 4:20 pm
Your IP should be able to just take the money clear the arrears and close the file down. Nice present from your nan.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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