Hi I wonder if you can help me??. I am currently pregnant and have asked for one reduce payment followed by a six month suspension in my payments and then for a seven month expansion in my IVA . I will have compleated nearly three years into my IVA before I go on maternity leave.. How likley are my creditors to allow me to do this??. I am so worried that they will not allow it.. Please can anyone send me some reasurance??. It must be my hormones i keep going into a blind panic!!.. Kind regards Helen
[:D]helen congratulations,under your circumstances your request seems very reasonable to me i can,t see a problem with that,plus you could ask for a variation for reduced payments for the remainder of your iva when your little baby comes along as your disposable income will reduce you must be thrilled, good luck.[:D][:D][:D]
Last edited by MRBLUESKY on Sat Jul 04, 2009 4:18 pm, edited 1 time in total.
I have been paying more into my IVA than my orignal agrement as I had quite a large pay rise in the first 6 months of my IVA.. I am hoping to continue my orignal paymeny plan when I return to work so there will be no actual reduction in payments just a 6 month extension.. I am just so worried that it will fail now!!.. I have worked so hard at this over the past 2.5 years.. As you all no its not easy!!.. Thanks for your reply I forgot what it was like to worry like this!!!.. H xxx
helen stop worrying.your iva is very flexible mine is for 60 monthly payments over a 72 month period so ive got a 12 month allowance for any unforseen circumstances.yours should be very similar, regardless of your wages, when doing your annual review when your baby is born, bless him/her, your disposable income will drop,believe me baby,s are expensive to look after so your ip might call a varition meeting to reduce your payments over the duration of your iva including extension of 6 months if req,d,call your iva company there will not be a problem, keep us informed if you need help you will get it on this forum no problem.good luck.[:)]
Last edited by MRBLUESKY on Sat Jul 04, 2009 5:15 pm, edited 1 time in total.
Your IP should be sympathetic, especially as you have paid extra across.
It will be in no one's best interests for your IVA to fail now, so I think you will be ok.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
It's quite pleasant here now - just started to rain a little, but a nice cool breeze as well.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
