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Posted: Mon Dec 13, 2010 5:54 am
by DdD52
i am currently on an iva and after doing my yearly review i have about £100 less to pay on my iva.I am very scared they might terminate my iva and I never missed a payment as well. Can someone give me some advice pls.
Posted: Mon Dec 13, 2010 6:40 am
by gzzb
Hi
Whats changed to mean that you have less money. Has your salary gone down or have your expenses gone up ?
Posted: Mon Dec 13, 2010 7:55 am
by kallis3
Hi and welcome to the forum.
If you are having problems with the payments then you need to speak to your IP and ask for their help. Perhaps your I&E needs to be looked at again.
Posted: Mon Dec 13, 2010 8:24 am
by plasticdaft
A review of your income and expenditure is part and parcel of your IVA and many people will find themselves in the same boat you are in. Dont panic just yet. How much are you currently paying a month?
Paul
Posted: Mon Dec 13, 2010 8:29 am
by Shining
Hi, just complete your I&E as honestly and concisely as you can and let your IP sort the figures. I know I'm not going to be able to maintain my payments come review time in February but have every faith in my IP to help solve the matter. Have you sent your review paperwork in already. It's not in the best interest of anyone for your IVA to fail.