What happens if I default payment on my IVA? I am struggling to survive.

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Donna.55

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Post by Donna.55 » Fri May 09, 2014 4:12 pm
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what happens if I default payment n my IVA? I am struggling to survive on it and can no longer cope. I've been on it almost one year
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Drew

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Post by Drew » Fri May 09, 2014 4:38 pm
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Hi Donna, I would suggest contacting the IP who is dealing with your IVA. There are several things they can do generally when people have a change in circumstances and the best thing is to contact them as early as possible.

Regards,


Drew
CertDR Qualified
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Foggy

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Post by Foggy » Fri May 09, 2014 4:52 pm
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Hi Donna, as Drew says, have a chat with your IP. If your allowances are set incorrectly they might be able to tweak a little.

Who are you with ?
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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