www.iva.co.uk

I'm moving out of my parents and in with my boyfriend. I need to pay him more than what I used to pay my parents so my disposable income will change a lot. Could my iva fail? If so what happens next? I'm with GT.

Hi

Ask for a fresh income and expenditure form from GT and calculate your new disposable income

If the IVA is no longer viable you could either let it fail and consider bankruptcy or a DMP. You could look to offer a full and final lump sum offer with help from family or friends

Regards