I have been advised by the IP that in reality they will only consider an addition £50 - £100 being paid each month, with the probability being £100. I fear this means we will have no life at all, but really do not know what to do. Extending to 72 months was also mentioned but I do not know if this was as well as the additional payments or instead of.
Has anyone else been in this position - what did you do?
Many thanks to anyone who can take the time to give me some advice.
Just feel as though great assurances were made at the start about this being the best course of action for us to address our debt..and now seems to be going pear shaped..I just want to pay back as much as we can.
As you say though, only we can make that decision. I just wondered if anyone else had a similar story to share. Don’t they say misery loves company!
Who is onlineUsers browsing this forum: No registered users and 23 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