www.iva.co.uk

Hi, it's coming up to the third year of my IVA now. everything had been going well, but i am now seriously behind in paying to my IP any overtime payments that i have received in the last 7 months. this is down to having had to move rental accomodation twice in that time and both landlords asking for 3 months rent in advance due to me coming up as bankrupt when credit checked!! the one i am curently with allowed me to use 1 month of that deposit to cover the 1st month, but is holding back the other two months to cover himself. the 1st months rent i had to use to purchase furniture. i sent an e-mail to my IP offering to up my payments each month until the shortfall is covered, but heard nothing back. looking at my finances now, i don't even think i could manage that!! wondered if it is ever common to add on extra months at the end of my agreement that would cover this.please help, my IP is not the most approachable person and i wanted to know some facts before i attempted to approach him again

Hi and welcome.

it is possible to have the payments tagged on to the end of the term if you had genuine reasons for missing them.

This really needs discussing with your IP directly.
http://www.insolvency-service.co.uk/newipsearch.htm

You can get your IP's direct email if you click on that link.

I hope you manage to get answers this time.

I think that your IP will be sympathetic to this to be honest. So long as you are up to date with your contractual payments this should not give cause for concern, although your IP will need to undertand where your extra spending has derived from. At worst, you may be asked to make the payments due at the end of the arrangement, but this would seem a little unfair if the expenditure you have incurred was genuine and reasonable.