Can this debt be added to an IVA ?

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Johndl74

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Post by Johndl74 » Mon Oct 17, 2016 5:28 pm
I have a debt with buy-as-you-view can this be added to an i.v.a
 
 

Foggy

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Post by Foggy » Mon Oct 17, 2016 5:33 pm
If the debt was acquired prior to entering the IVA and there is good reason it wasn't included initially it is possible, assuming the amounts don't upset the balance of the arrangement unduly. If it is a new debt, no, it cannot be added and will have to be explained to your IP and maybe a payment break can be agreed to allow you to clear it -- this break will be added on to the end of the arrangement.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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