Your IVA payments are based on your disposable income after your priority bills have been paid. You have a review every year where you submit a new I&E. If your DI has gone up, then your payments will go up. They're not set in stone.
Did they say why they were increasing the term? Had you missed some payments.
Who is onlineUsers browsing this forum: No registered users and 19 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