I owe around 8k on my IVA. I've just submitted a FFS of £3200 (gifted by dad) and have just found out my wife is expecting our 3rd child. This will significantly impact on my finances. Are my creditors more likely to now accept this offer as I will have to reduce my payments?
I think you will fine with your full and final offer.
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
It's possible it might influence their decision slightly on the assumption your contrbutions would have reduced accordingly but given you are offering less than what you were going to pay its probably not worth bothering with.
In addition if the variation meeting has been called it will be extra work to write again and give them the additional information.
I would just leave things as they are unless your IP hasn't yet called the meeting in which case you could tell them to include the information in their report.
Best of luck for the variation meeting and congratulations on the baby!
