Then I was totally misled when I entered the agreement as I was told all interest would be frozen, the amounts would be agreed with the client before going to court for agreement and I would have to pay the outstanding debts plus costs to the supervisor of not more than £3,000. Upon completion of th...

I just find it strange that when we went to my creditors with the initial figures they agreed to them and even declared them in writing. I was also told when I came to settle up that had I offered the equity from the sale of my first home which was £4,000 the figure wouldn't have been as much.

The statement reads as follows: Receipts Settlement of equity in property 13,136.57 Voluntary Contributions 12,036.00 Bank Interest ____65.94 25,238.51 Payments Nominees fee & disbursements 2,330.00 Supervisor's remuneration 2,193.25 Legal fees 1,080.00 Specific penalty bond 120.00 Registration fee ...

The original figure declared to the court was £15,366.00.
Trust this clarifies

I entered an IVA as I had unsecured debts of £15,366. I paid £204 per month until I was in a position to ask for this debt to be cleared in its entirety. At this point I had paid £12,036 in voluntary contributions but was told to clear this debt I would have to pay an additional £13,136.57 to discha...