How do I get out of my IVA

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Dwoods123

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Post by Dwoods123 » Fri Dec 16, 2011 9:52 am
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I am currently in an IVA, but my circumstances have changed and I would like to end the arrangement. Can anyone give any advice of how I could go about this?

Thanks
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kallis3

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Post by kallis3 » Fri Dec 16, 2011 9:58 am
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Hi and welcome.

Sorry to hear about your problems. You should speak to your IP and see if there is anyway they can help you in the first instance. You may be able to get your payments reduced.

You can end the IVA by missing three payments but then you will be back to square one with your creditors. How are you going to manage then?

How long have you been in the IVA and which company are you with?
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
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plasticdaft

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Post by plasticdaft » Fri Dec 16, 2011 10:15 am
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Hi,when you say circumstances have changed do you mean for the worse or for the better and you are now able to meet your previous commitments?

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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kallis3

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Post by kallis3 » Fri Dec 16, 2011 10:19 am
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Good point Paul!! I always was a pessimist!!
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
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plasticdaft

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Post by plasticdaft » Fri Dec 16, 2011 10:23 am
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I live in hope more than expectation!!! Sometimes hehehe.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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