stephen715 wrote:How is the position of a state pensioner viewed by creditors , where a variation is being sought, and affordability is negative ?
It depends on the full picture and I&E details. A state pension is income and could be used to fund a modest IVA payment if there is enough disposable income at the end of the day. If you are compulsorily retired during an IVA this prospect should have been anticipated at the start and written in. If you have just chosen to retire then the creditors could look on that unfavourably. If retirement is beyond your control it might be possible for you to make a F&F offer (variation) based on payments made to date. Too many variables to be able to give to a specific answer.
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