I am at present going for a job which I stand a good chance of getting. If I was to get it and would therefore be able to have paid my usual payments to creditors in the normal way. What happens to my IVA. Do I have to come out of it and pay as normal or do I carry on my IVA with increased payments. Concerned I would have to come out of IVA nad then all creditors would want payment in full straight away or do I set up new arrangements with them and would IP help with this. Hopefully this makes sense.
Confused about what would happen.
I suspect that the additional costs of letting the IVA run its course, will be outweighed by savings in interest costs - and as your credit file is impaired already, there cannot be much point in concluding the IVA early to maintain contractual payments to your creditors - although this is an option for you, albeit rather an unusual one.