What happens if I can't pay the extra within the 14 days stipulated ?

Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1
 
 

Garyd0594

User avatar
Posts: 1
Joined: Sat Jan 30, 2016 3:40 pm

Post by Garyd0594 » Sat Jan 30, 2016 3:40 pm
had iva request for £1355 saying ive not sent enough extra payments. I cant afford to pay this in 14 days.the office isn't open till Monday if I cant pay it in the 14 days what happens.
 
 

kallis3

User avatar
Forum Expert
Posts: 77167
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jan 30, 2016 4:49 pm
Hi and welcome,

Where are these extra payments from?

You do need to speak to your IP company to sort this out.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

watzki

User avatar
Posts: 353
Joined: Sun Dec 20, 2015 6:52 pm
Location:

Post by watzki » Sat Jan 30, 2016 5:07 pm
Who is your iva company,when I had extra payments to make,the company I am with were willing to tag them on the end of the iva,ring and explain this option
Today 1st of December 2016 the vultures finally flew away
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9562
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom

Post by plasticdaft » Sun Jan 31, 2016 10:34 pm
Firstly dont panic. The payments can easily be spread out or tagged on to the end. Its just a question of talking to your iva firm when the offices open again. They know what your income and expenditure is so cannot expect you to pluck that amount out of thin air!

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

Tony.mac

User avatar
Posts: 52
Joined: Sun Jan 20, 2013 6:59 pm

Post by Tony.mac » Mon Feb 01, 2016 12:20 am
When I owed money following my first yearly review, as my wages varied month to month I rang them to arrange to pay bit extra each month. They did tell me as long as it is paid off by end of IVA term it would be ok, but check with your own company as this may vary.
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”