We have been offered a holiday by my parents I am 8 months into my IVA, if we take up the offer we'd struggle for spending money I was wondering if I took a payment holiday of 1 month on my mortgage would I have to inform my IP ( I with payplan) or would I be best just to turn holiday down
Daughter paid for us to go away last year. We went all inclusive so didn't need a lot of spending money.
Probably best to run it past Payplan though.
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
I am in the fortunate position you are at the minute as my MIL has paid for us to go on holiday in November, this is all inclusive, but I did do a car boot the other week and have a little savings plan going between now and then, it's very hard to maintain the budget but I've cut back on everything, we won't need a lot.
Hope you can get something sorted and do enjoy your break xx
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Thxs for all the replys I've emailed payplan so should find out Monday if we're all off on holiday soon, it's amazing how things you've just taken for granted in the past now are so hard while in an IVA ( but that could be why I'm in one )
I wouldnt take a mortgage payment break to get spending money for a holiday,sorry to sound grumpy but what happens if you need to take a payment break for something serious? Better to save up some spending money 1st.
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.