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Posted: Mon Oct 22, 2007 9:38 am
by jockmg
can i stop i monthly payment and then continue payments again

i have an iva which has been going for 4 years i bought a car from a friend but did not get a reciept he has emigrated to australia and i cannot get in touch with him so i do not have a reciept and the £300 that i paid i need to get a payment break to help me get back on track what do i do my iva people say i need proof of purchse i am now getting into difficulties

help please

Posted: Mon Oct 22, 2007 9:56 am
by Oliver
You should really have discussed this purchase with your IP prior to making making this purchase. However, this can not be changed now, so the best course of action moving forward would be to contact your IP and explain the situation. It may be possible to allow a payment break so that you can get yourself back on track.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

Posted: Mon Oct 22, 2007 10:17 am
by MelanieGiles
One missed payment in not likely to affect the IVA, but as Oliver states make sure that this is explained to your IP so that creditors can be advised when he/she is next due to report to creditors.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp