is there anything else we can do

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philip.h

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Post by philip.h » Sat Dec 15, 2007 8:45 pm
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i have an iva at the moment i have missed one payment but i am finding it difficult through ill health and over the last year a third reduction in my salary although i have been paid whilst being of work the bills and bank charges have had a crippling effect on our income and the payments to the iva are inpacting on our lives is there anything else we can do
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Adam Davies

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Post by Adam Davies » Sat Dec 15, 2007 8:56 pm
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Hi
Have you informed your IP of your reduced income ?
You will need them to ask your creditors to reduce your payments down to a more realistic level.
Also bear in mind that you can file for bankruptcy at anytime at a cost of £485,if you are a homeowner please post back details of your house/mortgage
Do not let this affect your life and health as bankruptcy will draw a line under your debts once and for all
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
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