I had a car on finance that was included in my IVA but i have recently received a statement from the finance company and they are still adding interest charges is this normal? will they still be chasing me for the outstanding balance after the IVA finishes in November this year?
If this was included in the IVA then they cannot add interest at all.
Speak to your IP company and tell them about this statement. They will sort things out for you.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
They can add what they like on their statements, but won't get more than the initially confirmed debt ( as listed in the Chairman's Report ). They will not be able to chase you for the difference.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
