I have been in a iva for 2 months

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1
 
 

lee1234

User avatar
Posts: 11
Joined: Thu May 13, 2010 6:57 pm
Location:

Post by lee1234 » Mon Aug 31, 2009 10:35 am
I have been in a iva for 2 months,and planning to move home.I will be £62 better off a month.will moving home affect my iva
 
 

kallis3

User avatar
Forum Expert
Posts: 77176
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Mon Aug 31, 2009 10:39 am
Hi.

As long as you can maintain your payments, there won't be a problem. You will obviously have to inform your IP and you may find that you will have to up your payments if you have more disposable income.
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
 
 

MRBLUESKY

User avatar
Posts: 2870
Joined: Tue Jun 02, 2009 11:04 am
Location: United Kingdom

Post by MRBLUESKY » Mon Aug 31, 2009 5:07 pm
hello and welcome to the forum,generally when your disposable income goes up your iva payments will follow suit,normally through your yearly income and expenditure reviews.
 
 

Adam Davies

User avatar
Posts: 14596
Joined: Thu Mar 29, 2007 12:21 pm
Location:

Post by Adam Davies » Mon Aug 31, 2009 5:17 pm
Hi
Make sure, at your next review, you adjust any associated costs with living in a new properyty, eg petrol costs, utility bills etc etc
Regards
Andam Davies
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”