Hi All,

I completed my IVA some 12 months ago, I have now received a letter from the department for work and pensions saying I owe £702 from 2003!!, I did not know about this debt so was not covered by the IVA, where do I stand regarding this debt?

Many thanks

Don't appreciate thread being hijacked, send messages or make own thread please.

but thanks for all the good advice.

The letter has just turned up today, no timescale set and no further information requested, just to forward the £5000. I will contact my IP to tell them it will be payed as soon as my wife finishes here employment. To be honest, while I have had a promotion already, my wife still does not have a new...

Ohh, my job has also changed in my new company, which means I am earning more money than my previous job, I presume as the F&F has already been accepted there is no need to inform them of this change ? My wife is still working for the closing company, they are proposing to close in early march, her ...

Well, 3 months on, I have been just informed that by my IVA IP that the variation has been accepted at £5000 for full and final payment. So thats It, 100% dept free, what a nice feeling. Once I have payed the £5000, will I get some kind of notice of completion ? What constraints am I still under, I ...

Thanks for all the advice guys. I have just sent an email to my IP explaining the situation. As both my wife and I will be made redundant to me the best option surely would be to accept a full and final payment. If they accept £5000 I could still get a cheap to run, reliable car to take the other jo...

Just had my 4th year review with no changes needed.

Will I need to submit a review on my 5th and 6th year ?

as payments end on 5th year, and no cash payed on 6th

thanks all,
Our payments are £375 a month, so approx £5000 left to pay, if they take all of our redundancy money approx £12000, do you think they would consider that as enough payment to end the IVA ?

Hi All, Little advise please, I am in year 4 of my IVA but my wife and I are going to be made redundant from our current employers. I have a chance for a new job, but it is a 60mile round trip and a reduction of £3000 per year. To make it work I need to get a new car, I was hoping to do this with th...