www.iva.co.uk

I received a letter from dfd in nov 2013 to say my last payment was made, now they have written asking me to extend for 12 months with no explanation at all, do they have any legal rights to do this?

can't say on legal points, but I think your are entitled on some level to know whats happening with your IVA.

At a guess it could be down to
- not being able to release equity
- capturing missing payments, overtime or windfalls

Martin

Hi Kdd47

In the first instance you need to clarify with DFD what they feel that the extension is required for. It is possible that this relates to equity release - however I would have thought that this issue ought to have been addressed earlier on in the last year, or perhaps they have calculated at their final review that you owe additional monies from uplift payments - but whatever the reasoning behind their stance, this definitely should have been fully explained to you in the letter.

Hello KdD47,

Please find my email address in my profile. If you could drop me an email I will look into your case further, and get back to you with an update and to answer any questions.

Thanks,
Matt