Can they fail IVA for this?

2 posts Page 1 of 1
Post Reply
 
 

natalie.m

User avatar
Posts: 1
Joined: Sun Feb 17, 2008 12:29 am
Location:
Post by natalie.m » Sun Feb 17, 2008 12:30 am
Quote
i am all ready in an iva and have reduced my payments the last few months as i recently split up with my husband. Can they fail me for this?
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Sun Feb 17, 2008 1:00 am
Quote
Hi natalie and welcome to the forum

Were the payments reduced with the agreement of your IP? Assuming that your IVA goes into default once three payments have been missed, what proposal have you and your IP discussed for rectifying the situation. If the split with your husband is permanent, then you may need to apply to formally have your IVA payments reduced.
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
2 posts Page 1 of 1
Return to “postings for february”