Thanks for the reply but can I ask why it would be 40k plus interest?
There is no mention of interest in our agreement.

Can you be made to pay over your 100% debt? Our 100% debt to creditors was for £33306 of which they agreed to receive back (inc equity) £29345 minus DFD fees & VAT of £11738 leaving a total of £17607 to be distributed. As we have both managed to gain better jobs in the 5yrs we have been in the I...

Hi Judith,
Thanks for this, I have sent you a message today.
Joanne

Yes thats what it says in our agreement plasticdaft but DFD have since changed their policy on this (without advising their customers it seems). I had all the information ready to send to DFD but when I spoke to them 6mths ago they advised that we didn't need to send anything as The Select Partnersh...

Thanks Struzzo39 for your reply. It's really the part of when should the creditors meeting take place that I need an answer on as I would have thought that DFD would not want a break in the payments. As previously mentioned I would have thought the the terms of extension would have been sorted out b...

Hi, Thanks for the reply. I know that if equity cannot be released there will be an extension, but my question is when would the creditors meeting to determine how long an extension take place?? I would have thought that the meeting would be before I make my last payment and when I phone DFD I get d...

Hi, My IVA is with DFD and my final payment (60th) is due on the 15th March. DFD passed my details to a company to see if they could help us with a remortgage which was declined due to our house value. My question is, if this has been declined when will the creditors meeting take place with regards ...