Hello I currently have a iva which ends in Febuary 2013. Both my wife and I work and my annual income and expenditure is based on both of our wages. My wife has found out that she may be pregnant and obviously will be out of work for some time leaving us with just my income. Is there a clause in an iva which allows for this? Help appeciated! Regards
Hi Your Insolvency Practitioner will help you with a payment break or a payment reduction. Talk to them as soon as you can and congratulations on the possible good news Regards
Andy Davie, IVA.co.uk spokesperson and a Debt Advisor If you need any help or advice about the various debt solutions available please contact me via my website at www.andydavie.com Author of "Real life IVA stories" and Debt Counsellor of the year finalist 2010
It is a common occurance, and most couples work through this with a little adjusting and juggling along the way. With a sensible and sympathetic IP on your side, a short payment break followed by perhaps an overall reduction in payments ought to do the trick.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
Hello I currently have a iva
Posted - 09 March 2010 : 14:33:09
