Can I pay friend's IVA?

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walid
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by walid » Sun Feb 11, 2018 4:01 pm
Can I pay for a friend who is struggling to pay his iva
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Foggy
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by Foggy » Sun Feb 11, 2018 4:06 pm
As long as the payment is made I doubt the IP would be worried. However, the more important question is why is your friend struggling ? Life in an IVA is not a bed of roses, but it shouldn't be hell either. All essential living expenses are budgetted for. Is the budget wrong or does your friend need to modify spending habits to fit in with the new circumstances ?
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luluj
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by luluj » Sun Feb 11, 2018 5:23 pm
What a kind friend you are !

A review of your friends income Nd expenditure is needed. An iva should be manageable with careful budgeting not impossible, however it does sometimes take time to get into the mindset
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Lisa Thomas
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by Lisa Thomas » Mon Feb 12, 2018 9:34 am
Ultimately if your friend is struggling then something has gone wrong. Either their I&E has amended, in which case their contributions might have to be reviewed or their spending habits need to be reviewed?

How long have they been in an IVA?

How many payments do they have left and how much are they?

Maybe you can afford to help him with a full and final payment gift instead?
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kallis3
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by kallis3 » Mon Feb 12, 2018 9:45 am
Hi,

Your friend needs to speak to his IP and see if he can sort this out.
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