www.iva.co.uk

Just entered year 4 of my iva . Debt circa £26000 split between 4 credit cards and a storecard - The storecard had a balance of less than £ 350 and has shown a claim of zero on past 2 annual reports. I took this to mean their company had not made a claim however it has shown up again on this year 3 annual report ??? Is this either a mistake ? Or can they change their minds ? Or if neither and the company are not claiming this debt then where is that 350 going ??? I have no problem paying back what I owe but I would hate to think I paid it and they weren't claiming it - shall I bother enquiringly it's such a small amount Iva has gone so well so far I don't want any upset ??

I think they are entitled to make a claim, right up until the end of the IVA. I could be wrong. My understanding is, unless you are paying back 100% plus fees, in the event of no claim being made, they will split the £350 between the other creditors to give them a better dividend. Hope an expert will be along to clarify this for you.

Also meant to say, that I wouldn't rock the boat in light of the small amount concerned. Good luck and hope it all finishes smoothly for you.

Wouldn't worry about it.

I don't think I would bother about it either - leave all the claims to your IP company to sort out.