Have I been over charged and if so what can I do ?

[bryan.h]

hello, my final payment was due this month however my ip or should i say girl in the office told me id earned 1000 in overtime and had to pay 50% back and they would extend it 6 monts to allow me to pay it back , but after i checked it i realised they had made a mistake so i rang them and they went away and rang back sayin yes a mistake was made and i owe just 200 pound that was a month ago i heard nothin since my final payment hasnt come out im wonderin if over the 5 years they have over charged me if so what can i do ?? ps sorry its long

[Foggy]

Hi. Technically, they cannot "overcharge". Any monies you can spare, over and above your allowable expenses and allowances should be paid to the IVA.

What they should furnish you with, however, is a statement of account, detailing where and when all the monies have been dealt with.

So, first thing is to ask for a detailed breakdown of your account with them.

[kallis3]

Hi,

Your annual reports should tell you how much you have paid over the years. Have a check through and if you think you've been over charged get your ip company to.check their figures.

Well done on reaching the end.

[luluj]

I would ask them for a breakdown of all receipts and expenditure and would also agree exactly what is required to conclude your IVA, if anything. I would do this sooner rather than later as until they have concluded their actions your IVA is still open and you will remain on the register.

[Broke of London]

You can only really check whether you've paid any extra by going through five years of payslips and reconciling them against a statement of account. I'm not sure what would happen if you've paid extra as presumably it will have been distributed by now. I don't think I'd bother holding up the closure of my iva to be honest. It must be a great feeling to get to the end and be debt free!!

[bryan.h]

thanks for advice i rang them today they told me payment hadnt gone out of my account because my iva had finished but it would take probaly 2 month to check if id missed any payments or had any additional income in last 5 years then they would get back to me is that right way ??

[kallis3]

They do have to do some admin at the end of the IVA so that would be about right.

Just keep checking with them.