Coronavirus and your IVA

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alex1982

Posts: 5
Joined: Fri Apr 03, 2020 10:03 pm

Post by alex1982 » Fri Apr 03, 2020 10:09 pm
Just received an email with annual review. They increased my payment by £20. I was a bit surprised to see an increase at this time with all what's happening now in UK and around the world. I'm so surprised they couldn't put aside this review for a month or 2 unless we will get a clean picture of the impact of coronavirus.

Foggy

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Posts: 31255
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sat Apr 04, 2020 8:31 am
To put it aside would break the terms of the arrangement, without creditor agreement. They could, however, have "rubber stamped" the figures, but would, of course, still need to verify total income over the period.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Dena1978

Posts: 5
Joined: Wed Apr 24, 2019 2:36 pm

Post by Dena1978 » Fri May 01, 2020 3:23 pm
Hi all,

I just wanted to post that my IP Unity Corp have been amazing, they’ve given me a 2 month payment break and are adding onto the end of the term, I’ve just have to send wage slips evidence. Hope you’re all doing ok through these mad times

Take care
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