Thanks guys for your replies. I shall wait a bit more patiently now!

Hazel

Ive just spoken to someone at DFD and asked why I haven't received confirmation that my monies have been received yet. She checked the their records and they received the money into my account on 3 September. However, this money has not been picked up yet by the "closure team" and it was after all o...

Ive just spoken to someone at DFD and asked why I haven't received confirmation that my monies have been received yet. She checked the their records and they received the money into my account on 3 September. However, this money has not been picked up yet by the "closure team" and it was after all o...

Thanks Melanie

That's what I thought. So should I be getting my certificate of completion through shortly. I have just checked on the insolvency website and my name is still on there.

Hi everyone Just to let you know that my IVA has now been paid off (with a loan from a family friend). I actually made a bank to bank transfer to Deft Free Direct on 31 July. Can you tell me how long it will take for them to acknowledge my payment and also when it will disappear off the insolvency r...

I posted a week or so ago about paying off my IVA with a loan from a family friend. My original proposal was to pay off 36p in the £ (i.e. £55k original debt). I would like to offer the 36p plus all outstanding IP fees to my creditors - I have 23 payments yet to make though. Original debt £55,868 Al...

Indeed and I am and paying for the privilege to boot!! I would have thought the fees should be reduced pro rata but am prepared to pay the full fees just to get rid to be quite honest. I am also going to offer 36p in the £ back (which was the original proposal amount) - should this be enough or shou...

Hi everyone After taking some advice (from the IVA helpdesk no less), I am ready go make an offer to my creditors in full and final settlement. One thing though - do I still need to pay the full fees quoted or is there a reduction due to paying my IVA off two years early? Nominees fees were £2,500 p...

Thanks for your reply Andy. I rang up the help desk yesterday (as the website was down) and they basically told me the same thing. I am writing my letter today so will let you know how I get on.

Regards

I have 24 contributions left to make at £515 per month so have just over £12k to pay off. I have paid in just over £18k so far. Not too sure about the IP fees though - will have to check. The original debt was just over £58k.

Hi guys I've just heard back from my IP on what they propose that I pay for my full and final settlement figure and it is almost £50,000 i.e. the total outstanding original debt (100p in the £). I am somewhat shocked about this though. I had assumed that if I paid off what I would pay if I continued...

Thanks guys for all your replies. I have now asked my Supervisor for a full and final settlement figure to pay off my creditors once and for all. I'll let you know how I get on.

Thanks again.

Thanks Skippy. If I were to say it's a loan then from my boyfriend, would that not cause other problems?

Hi Melanie

Thanks for your reply. I am currently paying £515 per month into my IVA. My proposal was to pay £30,000 back to my creditors (my original debt being £55k). My boyfriend has offered to pay off my IVA as a gift.

I have just completed 3 years of my IVA with another 2 years to go but I would like to pay it off earlier. Will I have to pay off the exact amount that I would have paid or could I offer a lower amount. I currently owe about £12k. I would be grateful for any advice given.