Hi I have an iva and I am now 64 I have just been made redundant and after this month will not be able to pay the 800 mortgage. I only receive 600 in pension and don't know what to do going forward would appreciate help advice
How long have you been in the IVA? Which company are you with?
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
Sorry to hear of your redundancy.
A full review of your IVA is required to ascertain affordability.
Did you receive redundancy pay? If so have you previously informed your IP so a review could take place. You should be allowed to retain some of the redundancy for general living expenses while you seek new employment.
A conversation is needed now with your iva company
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !