I took out an IVA about a year ago, but now I keep being pestered for more money

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Jand6437

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Post by Jand6437 » Tue Jul 21, 2015 5:27 pm
I took out an iva about a year ago, but now they keep pestering me for more money, what can i do ?
 
 

Foggy

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Post by Foggy » Tue Jul 21, 2015 5:30 pm
How are they pestering you for more money ? Are they asking you to increase your monthly payment, or pay over a share of overtime payments ?

If so, this is standard for an IVA and you will have agreed to this in the terms. If not this, please tell us more and we will try to assist.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Adam Davies

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Post by Adam Davies » Tue Jul 21, 2015 6:20 pm
Hi

Are they calculating a share of overtime payments or an increase in payments due to an increase in your disposable income ? both are standard whilst you are in an IVA

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Andam Davies
 
 

lifenoteasy

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Post by lifenoteasy » Tue Jul 21, 2015 6:29 pm
You should have an expectation that the amount you pay will increase as you earn or or as your expenses decrease.

If you own your own property make sure you understand now what happens at month 54.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
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