Hi could you please help I finished my iva 5 years ago after 2 years as I was made redundant and paid this to my iva, this was accepted as a early settlement, yesterday I received a cheque from my iva company for unclaimed dividend or funds , will the company's be able to chase me for this as they were all included in the iva I'm just a bit scared that when I bank this and spend some that they will ask me to pay them as they did not clame it
Hi - as you say you finished it 5 years ago and I assume you have had your completion certificate.
If anyone was going to claim for it that would have happened by now - I hope the money pays for a good xmas.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
The company who would have been owed the money must not have claimed or cashed the dividend cheque. It was also likely too small an amount to justify reissuing the funds to everyone else so under the terms and conditions the money is returned to you. As Lifenoteasy says-enjoy this little bonus and just in time for Christmas.
