can I renegotiate my payments

2 posts Page 1 of 1
Post Reply
 
 

skodawoman

User avatar
Posts: 1
Joined: Thu Feb 14, 2008 10:48 pm
Location:
Post by skodawoman » Thu Feb 14, 2008 10:48 pm
Quote
i already have an IVA in place but i need to move house so i will not have as much disposable income can I renegotiate my payments
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Feb 14, 2008 11:24 pm
Quote
Hi there and welcome to the forum

That may be possible, but you will need to work out your new outgoings and then submit a revised income and expenditure account to your IP for them to review. If the reduction is significant, you may need to apply for a variation meeting for creditors to formally agree the amendment.
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
2 posts Page 1 of 1
Return to “postings for february”