Thank you both for your replies. I'm going to wait for my annual review to come back and go from there.

Hello, Further to my last post I am yet to receive a response from my income review. However, in the mean time I have received 2 letters from 2 separate creditors stating how much they have received since the arrangement began. Now one has received approx £17 and the other £78. Considering I pay £21...

I agree that this is an outrage. I am a new member and have only been in my IVA for just over a year but to be honest, after reading some of the things I have done it does not fill me full of hope. Whilst I am the first person to hold my hands up and admit I made a mistake, I can not believe some of...

Hi thank you for your reply. This morning I have been speaking with the man who is dealing with my income review and he has also helped to advise how the monthly payment will be worked out. He has also confirmed that increased expenditure IS taken into account so it is looking like I may have worrie...

And one other thing I forgot to ask with regards to savings. I was talking more about having contingency money aside i.e. if my car breaks down, an unexpected bill comes in. Surely these every day things need to be accounted for ? Not everyone has the privilege of being able to fall back on someone ...

Thank you all for your responses. I agree it would be best to stick to it and lump it. A year has already gone by so hopefully it will continue to go smoothly. One query i do have is when and if I earn more each year, are things such as travel expenses taken into account? Only whilst I now earn an e...

Hello, Thank you for your reply. I am with a company called Varden Nuttall. This is not something I have discussed with them yet as I wanted an outside unbiased opinion. One of the main reasons I have thought about doing this as at the time of taking out my agreement, I was in no situation to pay an...

To Whom It May Concern, I have been in my agreement now for 1 year however am now earning slightly more and am in a better position. Is it possible or even common for people to cancel their agreement and then continue to pay their creditors the full amount over a fixed time? When I entered into my a...