You need to at least try to head off the IVA being failed. Once that is sorted you will need to address why this happened -- is your budget too tight ? Are you getting all of the allowable expenses covered, or have you missed something ? Or, are you simply overspending? In which case you are going to have to pull your belt in. A new I&E might be in order, but, by taking out further credit, you are already on thin ice.
Are you not able to live within your means and afford your contributions? Has there been an error in calculating your payments or have there been changes to your income and expenditure that need a review?
Alternatively are you spending money on non essential items?
Who is onlineUsers browsing this forum: No registered users and 6 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location