I’m in an IVA with around 13,000 worth of debts, including IVA fees.
I have recently moved home with parents (rent free) and therefore my disposable income has signicantly increased.
I have worked out that to pay off ALL creditor debts and IVA fees it would just take around 212 a month over the next 5 years (I am only 6 months into the IVA and am paying £85).
I just wanted to check that the 212 would be what credit fix will ask for. And not a silly amount a month to get it paid off earlier, seeing as though I’m in the IVA for a long haul anyway?
Moving back in with parents may mean no rent but has it increased travel costs to work ? Has it reduced other outgoings i.e food costs ...you need to ensure a full review in done for you.
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