Thanks Michael. the IP did all of the contact with the creditors and compiled the balances himself. I had to trust his professional abilities there. I have written him a letter to find out the actual reasons so will advise when I hear back.

Thanks for your responses. I guess my point is that I have been religiously paying the agreed amount for 2 years and yet suddenly on the 3rd year the amount outstanding increases. There have not to my knowledge been any additional debts advised so why has this happened. I have asked the IP for clari...

Hi there. I have completed 2 years of my IVA. However, during the review this year, my IP advised that I have breached the agreement as the debt has increased beyond the threshold agreed. I hvae not incurred any more debt but it appears that the IP didn't get all creditors on board at the beginning....

Thank you Michael, I will check the wording of the agreement. I would assume that providing a relatively "similar" monthly payment was made, an adjustment or variation would be acceptable. After all, if my wife and I separated, surely the same level of payment would not be required?

Hi All, Two years ago after a major operation resulting from cancer, and a subsequent nervous breakdown, my wife entered into an IVA. She was unable to work at that time for the reasons above and the basis of the IVA was that my income was included in the household income. She is now about to start ...