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Posted: Sat Apr 19, 2008 10:46 am
by RULTS
MY HUSBAND AND I HAVE BOTH BEEN IN IVAS FOR APPROXIMATELY 18 MONTHS AND HAVE NOT MISSED ANY PAYMENTS (ALTHOUGH THINGS ARE SOMETIMES A BIT TIGHT). HOWEVER, MY CAR (WHICH I NEED TO BE ABLE TO TRAVEL TO AND FROM WORK) HAS GONE SERIOUSLY WRONG AND WILL COST QUITE A BIT TO PUT RIGHT. IS THERE ANY WAY THAT A PAYMENT CAN BE MISSED FOR THIS SORT OF PROBLEM WITHOUT CAUSING THE AGREEMENT TO 'COLLAPSE'??
Posted: Sat Apr 19, 2008 10:48 am
by MelanieGiles
Hi rults and welcome to the forum
I am sure that your IP will allow you to miss a payment to help find a replacement car. You will need to ask them, but I certainly would allow this if I were your IP.
Let us know how you get one.
Posted: Fri May 23, 2008 9:41 pm
by RULTS
JUST TO LET YOU KNOW I TOOK YOUR ADVICE AND PAYPLAN HAVE AGREED TO LET ME MISS MAY AND JUNE PAYMENTS - THEY WILL BE TAGGED ON TO THE END OF THE PLAN.
Posted: Fri May 23, 2008 9:51 pm
by Adam Davies
Hi
A good result
Your IP and creditors want your IVA to succeed,some help will almost certainly be needed within the five years and I would guess that very few IVAs run the full course with no missed/reduced payments
Regards