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Almost there
| 26-02-2010 04:21 PM |
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Joined: 26 Feb 2010 Posts: 1 | Hi everyone, I'm new here but a little concerned over my IVA company. I am about 2 months short of my 4th anniversary having an IVA, having looked at all my monthly contributions I have realised that I will of paid back 100% of my debt to my creditors and all the fees for the IVA with my next payment(although the amount left is less than my monthly contributions). I haven't received anything from the company I use, so I rang them to clarify the situation. The response I got was that I still has to carry on paying as the creditors were entitled to interest on the debt of 8% since the iva began. I informed them that it said nothing of this anywhere in my agreement, they told me that a manager would have to phone me back tomorrow as they were on holiday(the last time I had a question the same thing happened). While I'm waiting for this call back I would like to know if anyone else has been inthe same boat as me or knows whether this is correct or not |
