question category: IVA

Will I get money back after my IVA?
Submitted on: 6th Sep 2009 by Non-Member | Total Answers: 1

I am almost at the end of my IVA and one of my creditors has never put in a claim for any of the money that I owe them. Will I get the money back that I have paid towards their portion of my debt if they haven't asked for it? I not what happens to it?

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Re: Will I get money back after my IVA?

Your contributions will go to the creditors that have made claims. A creditor that hasn't claimed will lose out. Any extra money goes towards raising your dividend in the arrangement.

Well done for when you finally complete your arrangement.

Submitted on: 14th Sep 2009 by Darren Member

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