A relative has received a demand for an alleged over payment of Tax Credits from HMRC, which they'd like repaying by March. They have an IVA which is currently half way through. Can a government debt be added to an IVA?
Hi and welcome to the forum, do ask your relative to speak directly with their IP to discuss this furtner, if it can't be added would they be able to negotiate to pay it off over a period of timem? x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
You will need to raise this with the IP and provide them with the documentation - hopefully the debt can be dealt with in the terms of the IVA or under a separate agreement that will allow the IVA to continue untils its conclusion.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
i had a tax credit overpayment for £7000 couldnt add it to iva but have spoken to iva company and HMRC and i now pay them back at £50 a month off set from my iva and it will take me until 2024 to pay it back lol !!