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by bj4
Fri Jun 17, 2011 11:01 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can we ask for a 10 to 15 % reduction in payments ?
Replies: 8
Views: 1567

Can we ask for a small say 10 to 15 % reduction in our monthly payments without a creditor meeting. I have just seen a comment on here that suggests this.
by bj4
Tue Jun 14, 2011 7:22 pm
Forum: Ask IVA Forum and Industry experts
Topic: Considering bankruptcy. We've been refused IVA payment reduction
Replies: 3
Views: 1084

We are currently in an IVA which we have maintained the payments on for 1 year 3months. Given the general increase in the cost of living we have asked for a reduction in payments this has now been refused. Do we have any rights to appeal? As we are really struggling, we are considering Bankruptcy bu...
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