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Posted: Fri Aug 31, 2012 12:54 pm
by clairesmiler
hi all am 6 months into my IVA, since starting my car and home insurance has increased and ive just found out my mortgage with santander is going to increase from october. I am able to ask for my payment to be lowered to accommodate these increases? thanks
Posted: Fri Aug 31, 2012 1:10 pm
by Michael Peoples
You should be able to get a 15% reduction without creditor approval but anything else will need another meeting of creditors. Speak to your IP.
Posted: Fri Aug 31, 2012 6:06 pm
by Struzzo39
good luck, hope you manage to get sorted.
Posted: Fri Aug 31, 2012 9:29 pm
by luluj
Speak with your own IP and ask for a review to be done due to the changes....hopefully they will be able to support a reduction to help you manage more...let us know how you get on
Posted: Fri Aug 31, 2012 9:36 pm
by Niobe
Hope you get sorted Claire - let us know.