can you freeze your payments on a iva

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s_d

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Post by s_d » Sun Oct 21, 2007 8:58 am
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Hi we are expecting a baby can you freeze your payments on a iva
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Rainbow

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Post by Rainbow » Sun Oct 21, 2007 9:06 am
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Hi and welcome to the forum, I am not an expert but just wanted to welcome you to the forum. I don't believe you can freeze payments but this is a change in circumstance so you need to speak to your I.P - I am sure an expert will be along soon, in the mean time congratulations on this happy event.
Best wishes
Rainbow


Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
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Adam Davies

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Post by Adam Davies » Sun Oct 21, 2007 10:19 am
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Hi
You can ask your IP to call a meeting of your creditors and suggest a payment break to cover your maternity leave,the missed payments can be tagged on the end of your IVA.If you receive maternity pay you could ask for payment reduction instead.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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