Hi and welcome. You do need to discuss this with your IP. You would be required to fill out an updated income and expenditure form then your payments could be reviewed. It's possible you could have them reduced.
An iva is supposed to be an affordable repayment plan so do have a chat with your IP as if your income changes your payments will need to adapt accordingly.
you would think that if your paying nearly £1000 into an iva every month you would be able to afford to pay the debts unless your debts were getting on for like £100,000
never cment on me speling its rubbish and i didnt go to schola lot okk
made bankrupt 1st august 2012 at 10.00am
now disharged so bankrupt no more thank god im free of debt now
It also depends on your outgoings as well. Some of us have high mortgages and/or secured loans to pay. As previously stated, it is all down to affordability.
