www.iva.co.uk

Hi,

My first review is this week.....nervous to say the least.
I have recently split with my partner and have been forced to move back home with my son to my parents house.
I have had to cut my hours in work in order to look after my son more, reducing my wages considerably. And although i dont have to pay my own rent i do have to pay part of my parents rent, council tax, etc.
Anyway..........the long and short of it is although my outgoings have decreased so has my income to the extent that they offset still. I'm not looking to pay my IVA any less i can afford to keep the payments the same. Do u think this will be ok?

Thanks

I would say that your annual review will take all of 30 seconds to carry out David - just as long as it has taken me to read your post to be frank.

If your disposable income is unchanged, then there will be no increase in payments and you ought to continue to pay at the agreed level for at least the next year.

Have no fear namesake - you will have no problems with your annual review.