If any one got failed to payback then what will happened with the debt? Will it remain same as per the decided rate or the interest amount will go higher?
And how much extra time is given to payback the money? Is it applicable?
Are you in an IVA or just looking into doing one as per your other post.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk