www.iva.co.uk

Hello everyone
Decided to take a payment holiday for two months as on sick leave , can I pay the shortfall back and how soon ? As this will take me further to finish my Iva ...the thought of it lingering on !

Hi,

You will need to take this up with your IP company - you can pay back the shortfall when you have the money. It is strange times for all of us now.

As Kallis says, you need to chat with your provider. Most tag the missed payments on at the end, but I have heard of people paying in an extra 'lump', as and when, to cover arrears ---- if you do this, though,make sure it is documented --- you don't want them asking for it twice !

Thank you for that I will phone my ip and make sure they take the payment holiday off , i took the payment holiday as I panicked I wouldn’t have enough coming in , I can see the review on the online portal

Many thanks for your help..stay safe everyone.