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Posted: Sun Jan 27, 2008 9:59 am
by r_m
i entered a IVA 1 year in march, based on my partners and my earnings but we are not getting on and in march i should be geting a 2 bed flat,living on my own my ive as aonther 48months to run, can i apply to have a new arrangement?i presntly pay £436 and its due to increase to another 100 pounds in 2009 because of child maintenance i pay too CSA, MY take home is £1200.00 net a month,
Posted: Sun Jan 27, 2008 10:09 am
by MelanieGiles
Hi rm and welcome to the forum
You will really need to discuss this change of circumstances with your IP to decide what is the best way forward. I would have thought that this is going to seriously jeopardise your IVA payments, as it is more expensive to live as a single person rather than as one-half of a couple. Try and work out what your new income and expenditure is likely to be, and then approach your IP for specific advice.
As you are not a property owner, have you also considered whether bankruptcy proceedings may be a better option?