i am in an iva and have been for 19 months struggiling at that my husband has had to take a 300 pound a week drop in his wage my iva company want the same this month leaving me penniless is this human rites
Did you mean £300 a week or a month? That does seem a lot if it's a week.
If you have not already informed your IP, you need to do so and see if you can get the payments reduced. They should not be leaving you with no money at all, especially in this economic climate.
They can reduce your payments by 15% without calling a creditor meeting.
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
Discuss with your IP and see whether a downward variation is appropriate.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
I hope you manage to get things sorted Sonia. Let us know how you get on.
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
