Hi sorry to jump in here but I am trying to post a question but cant get past the image tx box:-/ Hi Im about 18 months in to a 5 year iva , my original debt was £17200, I pay £150 per month. After a few PPI payouts I currently owe my iva £7500, I am struggling to keep up repayments and have been as...

Thanks for your time, hopefully Michael Peoples spots this;-)

Mccambridge duffy - I feel like they are behaving unfairly as they know I can't afford this yet aren't offering any help:-( it is me chasing them all the time!!

Hi
My original financial statement was done over the phone and was never a realistic view of our expenditure, I have since done another which states we only have £40 spare each month yet im still paying £150.
As far as im aware there isnt enough equity in my home! I owe around £18000

What will happen to my home if I allow my iva to fail?
I can't keep up the payments, the iva company said I cant pay any less than the £150 im paying now.
There isnt enough equity in my home to pay the debts!!

Thank you all so much, I was really worried as nobody but myself and my partner know about our IVA!!!
Kind regards

Hi there!
My actual question has been written down wrong:-(
my friend asked me to be a witness on a mortgage application form, which I have now done, however I am worried that the fact I am currently in an IVA this will affect her application?
Thankyou kindly
jen

Will if affect my IVA if I witness a mortgage application ?