I have been under a IVA for almost a year

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harold11

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Post by harold11 » Mon Aug 17, 2009 9:49 am
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I have been under a IVA for almost a year, my current situation seems to improve and i want to pay my creditors back, i tried to speak to the IVA company however they didnt seem to be positive about me wanting to pay the creditors back..can you help me in this matter...
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kallis3

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Post by kallis3 » Mon Aug 17, 2009 10:53 am
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Hi,

You should be coming up to your 12 month review now, and can tell your IP via a new income and expenditure form that you are earning extra and can afford to pay more back.

Who is your IP?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Michael Peoples

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Post by Michael Peoples » Mon Aug 17, 2009 11:38 am
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Jan is right. the terms of your IVA mean you should pay more if you can afford it but do not overstretch yourself.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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MelanieGiles

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Post by MelanieGiles » Mon Aug 17, 2009 8:07 pm
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How strange that an IP would discourage a client to pay back as much as they could afford. Which firm are you with?
Regards, Melanie Giles, Insolvency Practitioner
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