hi we have been in a iva for 12 months paying £243 a month the thing is we just cant afford this any more there are 5 of us living here and the weekly income is £357 plus my child benefit every month, my car is dying and cant afford to fix it, had new school clothes to by so had to just get basics o...

I would like to go bankrupt on an iva. I am already 1 month in arears and understand that we need to be 3 months in arears. the debt company say that a meeting would then be set up with the creditors who between them would decide wether to make me bankrupt. If they decide not to make me bankrupt i c...