if i was to cancel dd for this month only ?

3 posts Page 1 of 1
Post Reply
 
 

Jo83

User avatar
Posts: 1
Joined: Fri Dec 28, 2007 10:02 am
Location:
Post by Jo83 » Fri Dec 28, 2007 11:06 am
Quote
Hi i was just wondering i am doing an IVA at the moment i am finding it hard to make a repayment in jan for eg i have to catch up with all my bills from over xmas, my company is shut until the 3rd and by then my direct debit would have gone out, what would happen if i was to cancel it for this month only then ring them up to explain the situation for this month only.
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Fri Dec 28, 2007 2:56 pm
Quote
Hi Jo and welcome to the forum

I am afraid that you are unlikely to get much sympathy from your IP if you are unable to make your payment due to Xmas overspending. This does need to be budgeted througout the year, and if you miss the January payment your IVA will fall one month into arrears. Speak to your IP to see what they have to say about this, and made a New Years resolution not to be in the same position next year.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

Adam Davies

User avatar
Posts: 14596
Joined: Thu Mar 29, 2007 12:21 pm
Location:
Post by Adam Davies » Fri Dec 28, 2007 4:44 pm
Quote
Joe
Stick at it,however tough it is.If you miss one payment it could be the starts of a spiral downwards.

Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

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
Top
Post Reply
3 posts Page 1 of 1
Return to “new postings for December”