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Posted: Mon Nov 09, 2009 2:53 pm
by mikepapa
Hi,, Our IVA was approved on 1st October this year,, we have had some bank statements credit car statements etc & there is interest charged after our IVA approval date, can creditors charge interest after the date your IVA is approved? I was under the impression that the debt remains the same while in the IVA & paying agreed payments.

Thanks

Posted: Mon Nov 09, 2009 3:47 pm
by mikepapa
Thankyou for the prompt response LadyH.

Posted: Mon Nov 09, 2009 4:03 pm
by kallis3
I agree - nothing to worry about at all. They can't claim this money back and your IP will know that.

Posted: Mon Nov 09, 2009 4:08 pm
by RJC
Just make sure you forward all paperwork received on to your IP so they are aware of what is happening, and then they can speak with the creditors concerned. Nothing for you to worry about!

It helps when IPs get the specific paperwork, because then we can see which departments it is within the Company that have not received word of the IVA, and go to them directly.