just had a big drop in my income I dont think we can pay our iva thinking of asking my parents for a loan to pay the two years i've got left on it I'm paying 400 a month what would be a sensible offer
If you have little or no surplus income it would be pointless borrowing money you cannot repay. See if your creditors will accept what has been paid to date as full and final or if your surplus has dropped to say £100 offer £2400 and repay your parents over the next two years.
Speak to your IP and do a new I&E.
