www.iva.co.uk

me and my husband have been in an iva for aprox 6 months and already we can't afford the repayments,his income has gone down,we had tax credits reduced and there isn't much left after all the normal bills,we're trying to get the iva payments reduced but there still isn't enough left,WHAT CAN WE DO?

Hi ther I'm not an expert and am like you in debt. Do you own your own property, is bankrupcy an option.
Your Ip is the best person to talk to. They will best explain the options to you,

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

i am so sorry you are struggling so soon into your iva, this is a common problem we find on the forum, have you spoke to your ip about your situation?
i know creditors don't really like to vary in the first year but i feel you should discuss your situation now with your ip to see what is the best way forward.
all the best
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/