Get expert opinion. This is the place for new questions to be posted.
-
Ronnie.45
- Posts: 4
- Joined: Tue Aug 26, 2014 2:39 am
I am in an iva and will be reviewed at the of the year I retired in nov and is together with a small private pension is my only imcome will the format for my repayment be different
-
luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
Your change in income should be assessed now so that your iva remains viable. Was your retirement planned and if so was it factored into your iva proposal to creditors at the outset ?
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
-
seagulls
- Posts: 318
- Joined: Thu Jun 07, 2012 8:28 pm
- Location: United Kingdom
Does your pension include a lump sum . This may be vulnerable with some IPS .
-
Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
Be worth a telephone meeting with your IP to discuss all of this, was your retirement planned into your proposal and your assumed drop in income?
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
