In August 2015 I was medically dismissed from my job in the NHS. I was 40 years old I have been left permanently disabled and had to apply for ill health benefit through my pension. I hadn't paid a lot of years in to it only 11 years with quite a few that were part time as I was struggling to stay working. At this time I was only early into the IVA I have now paid £2923 out of £6283 leaving £3360. I recently successfully appealed my ill health benefit application as it was initially rejected. I have not been told any definite figures,I suppose not huge amounts as I have not paid in compared to a long working life contribution. The only thing I have been told is because I have had to fight to get it for nearly 2 years I will be owed back dated pay (maximum 15k) and receive then monthly payments thereafter (about £400). I owe money to my children for money I borrowed to pay a deposit for our car which was 3k. I desperately need a new wheelchair as I am currently housebound. Its money that will have to last me into old age, I am only 41 still. Should I offer to pay some of my back pay to the IVA clear the Account or will I be able to keep it as it is money that will need to last me a long time
Creditors are usually sympathetic to health issues and a settlement can likely be reached. I do question why you entered an IVA unless you had assets to protect.
