www.iva.co.uk

What would happen if my 72p in the pound wasnt't met? I am now down to the last few payments in a extended 6 year IVA thnk you

Was it a guaranteed dividend or just an expected one? I would have thought that your IP would have been in touch if there was a problem but I'd give them a ring to check.

It should be a simple enough question for your iva firm to answer,but it should also be explained in your paperwork.

Are you going to miss the 72p/£(which is a very good return for creditors)?

Paul

well,a couple of years ago they said they needed to keep an eye on it but nothing since . yes I should ring them really . thanks

It would be rather poor of them to leave it til the end to announce you have missed the mark and have to extend things!!!! Have you had annual reviews?

Paul

yes had all annual reviews had a variation 2 year ago to lower the payment due to daugthers DLA going to her officially . but all reviews show no increase. we also lost all family allowance n tax credits and they never reduced payments . we are just managing to squeeze through only approx 7 monthleft

The variation to reduce payments should have had a resolution to remove the minimum dividend if it was not going to be achieved within the normal timeframe. Check with your IP.