My IVA is going up by 100% and I have arrears to pay

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mark811
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by mark811 » Tue Oct 24, 2017 6:52 pm
Mark was told his IVA is going up by 100% and he has been told he has arrears to pay from 18 months ago
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Foggy
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by Foggy » Tue Oct 24, 2017 6:53 pm
The increase in payments --- has your income gone up a lot ? Are the increases to catch up on these arrears ? How did the arrear arise ?
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kallis3
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by kallis3 » Tue Oct 24, 2017 9:18 pm
Which company are you with? You need to speak to them and find out why this has happened.
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Lisa Thomas
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by Lisa Thomas » Wed Oct 25, 2017 8:13 am
We need more info from Mark but if the figures are correct and he cannot pay the IVA will fail - he will be back to square one and at risk of Bankruptcy.
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