4 years into my iva hmrc decided to add a debt to it and it took it to 22% over original amount
My son is due to have a spine operation so my parents offered to pay a final settlement sum
For last 6 months
I have now been told a meeting will take place to see if my iva has failed and I can be made bankrupt and loose our house .
We have 3 options
They accept the full and final
They let iva finish with adjusted payment
Or fail it and apply bankrupt
What is the likely outcome or my options if it fails.this is disturbing news after being in this for that long
Look forward to your reply
I would say that there is a fair chance that a F&F will be accepted. Fingers crossed that this is the outcome. Best of Luck.
Who is onlineUsers browsing this forum: No registered users and 27 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