Can I go back to my country with outstanding IVA?

Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1

frantisek

User avatar
Posts: 2
Joined: Thu Feb 27, 2020 1:24 pm

Post by frantisek » Thu Feb 27, 2020 1:24 pm
What need to do if i want to go back to my country but I still need to pay 3years and 6mounts.

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Feb 27, 2020 1:37 pm
Can you afford to keep up with payments?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Thu Feb 27, 2020 1:39 pm
Many people service their IVAs from abroad. You just need to keep your IP aware of new addresses and transfer the payment monthly, as you do now. You just need to keep an eye on currency conversion rates, to make sure you pay the correct amount.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

frantisek

User avatar
Posts: 2
Joined: Thu Feb 27, 2020 1:24 pm

Post by frantisek » Thu Feb 27, 2020 4:57 pm
If go back I need first find job and after I can't pay 150 pounds monthly because is different money monthly.

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Thu Feb 27, 2020 5:04 pm
If you are unable to pay the agreed payments then the IVA will fail and creditors will be able to chase you for money. Depending on which country you go to they might not be able to trace you, but in some countries they can ... at the moment. Brexit may well change that.

If you want to close the IVA early you would need a friend or family members to give you the rest of your agreed payments and maybe make a full and final offer of around £5,000
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”