I was offered an Iva to help stop the creditors and manage my money but feel I was mislead. I started at 200 per month and now because I earn well they want800 per month. My money has dropped and now I am struggling. Could they kick my mum out of Home if it fails?
I have talked with them and asked them to reduce the payments which they might but it is very difficult and don’t want my Mum to lose the family home we were all bought up in.
Hopefully your IP wil be helpful.
Either you have not disclosed your I&E fiukly, there has been a miscalculation, or you are overspending on non essential items.
The property is at risk if the IVA fails, as Foggy has said.
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