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Posted: Mon Aug 31, 2009 10:35 am
by lee1234
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
Posted: Mon Aug 31, 2009 10:39 am
by kallis3
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.
Posted: Mon Aug 31, 2009 5:07 pm
by MRBLUESKY
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.
Posted: Mon Aug 31, 2009 5:17 pm
by Adam Davies
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