When does a creditor claim have to be received by?
People you owe money to can submit a formal claim at any time throughout the 5-year term of your IVA but we must receive all formal proofs of debt by the end of the closure process when we have requested them. As long as claims are received by the time your final dividend is paid out at the closure of your arrangement people you owe money to will get the funds they are entitled to.
