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Posted: Fri Jun 15, 2007 7:54 pm
by drwho
I am in a IVA, but have had to move due to family health issues and getting better support. As a result i am travelling nearly 180 miles a day for work. This is costing quite a bit in fuel and to be honest, i am struggling to find the money. Would it be a idea for me to be looking at BR and reduce my monthly out goings to enable me to work ? Dont know what to do, any advice would be good

Posted: Fri Jun 15, 2007 8:37 pm
by Adam Davies
Hi
The first port of call is to speak with your IP and explain the situation.It may be that they can propose a variation meeting to reduce your monthly payments.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

Posted: Fri Jun 15, 2007 10:22 pm
by MelanieGiles
Hi drwho

Can I ask the level of payment required by your IVA, and the amount you owe to unsecured creditors. Also do you own any property which has equity currently?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk