www.iva.co.uk

i am in an iva my debts were £50000
since i have been paying for last year they have reclaimbed approx £40000 from ppi which they have recieved
i have also paid in for i year around £1200
my total payback was to be only £17000
they are i think saying now that i will owe them £30000
costs if i drop out
what are my options

Hi and welcome,

Where do they get this figure from? Ask for a breakdown.

If you do fail the IVA you may find that your debt is greater than it was as the creditors could add back the interest they have so far written off.