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Posted: Fri Mar 26, 2010 8:51 pm
by gail.gy
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...
Posted: Fri Mar 26, 2010 8:55 pm
by debt attack
Hi
Just to say a big congrats on your acceptance...bet thats a huge weight lifted off your shoulders isn't it!!
I was allowed to wait until my pay date of 28th March and my IVA was accepted on 4th March - not sure how long the limit is.
Good luck and post if you find out!
I imagine you'll be celebrating tonight!! x
Posted: Fri Mar 26, 2010 8:55 pm
by moneypenny
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?
Posted: Fri Mar 26, 2010 9:02 pm
by Julie
Hi Gail,
Did you agree a date with your IP? I'm sure if you explain to them it will be fine.
xx
Posted: Fri Mar 26, 2010 10:18 pm
by Shining
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
Posted: Sat Mar 27, 2010 9:41 am
by merrypotter
Hi, my first payment was exactly a month after my IVA was accepeted .
Posted: Sat Mar 27, 2010 7:05 pm
by kallis3
Excellent news Gail, well done.
I think you do have to make your first payment within 28 days though.
You do need to speak to your IP about this.
Posted: Sat Mar 27, 2010 9:27 pm
by MRBLUESKY
congratulations gail.i think your ip will be flexible with you just give them a ring.