www.iva.co.uk

Posted: **Mon Mar 31, 2008 5:29 pm**

Hi. when my IVA was proposed it was agreed I would pay £1400 month from Oct til May when my son will be 18 and maintenance stops, then £450 per month. However the IVA took a long time to be accepted and payments did not begin until December. Will monthly payments still be reduced in May when my income reduces?

Posted: **Mon Mar 31, 2008 7:04 pm**

Hi Vanessa
Have you checked what is written within your proposal? Your IP would be able to advise but I wouldn't have thought there would be a problem. You can't pay something that you don't have.

Posted: **Mon Mar 31, 2008 11:54 pm**

The payments will reduce in May as originally planned.

Posted: **Wed Apr 02, 2008 10:08 am**

Thanks. Since my IVA was accepted I have have received nothing from Varden Nuttall. Should I have any kind of contracts or confirmation sent. I had a phone call saying my IVA had been accepted by 0.1% but no other contact. Just feel I might be missing something?

Posted: **Wed Apr 02, 2008 10:13 am**

You should have been provided with a copy of your Chairman's Report within 4 days of the creditors meeting, and most IPs will also send you a confirmatory letter detailing the main terms of your IVA and confirming key points of which you need to be aware.

Posted: **Wed Apr 02, 2008 10:28 am**

Thanks Melanie. I will call them and ask for it. I always feel better talking to you!

Posted: **Wed Apr 02, 2008 11:12 am**

Any time Vanessa - there is usually one of the experts on line at any time.