Just a quick one, but having had IVA accepted today i just wondered if the first payment can be made at my next pay date meaning it would be approx 35 days from date of IVA being accepted. Does anyone know if this is acceptable or would it be classed as breach? many thanks...
I only know that when mine was accepted we had to have our fisrt payment ready on the day of the acceptance. we were not told to keep anything for contingency either
anyway goodluck, and i'm sure someone else can enlighten you, which company have you gone with?
Last edited by moneypenny on Fri Mar 26, 2010 9:14 pm, edited 1 time in total.
Contact them and I'm sure they'll come to a mutual date with you.
I had one payment in prior to acceptance so I'm always one in hand which is a good thing x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I think you do have to make your first payment within 28 days though.
You do need to speak to your IP about this.
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
i just wondered if the first payment can be made at my next pay date meaning it would be approx 35 days from date of IVA being accepted. Does anyone know if this is acceptable or would it be classed as breach? many thanks...
