I think I'll stick with my IVA, I can start paying again and it involves the least stress for me. All of this is making me feel very unwell, I can't deal with it, and going to take the easy way out.

Hi Niobe, I've just done a quick calculation using a income / expenditure calculator and I will have a surplus of over £20, I don't know how much of that will be taken from me. I only have two real assets, a car, worth about £850, and a motorbike, worth about £2k. It might sound stupid but I just do...

I've now found a government site that explains everything to me. I can't see any advantage of going bankrupt compared with resuscitating my IVA. There are too many unknowns with bankruptcy, like how much the IPA will be, and if that lasts for 3 years then life will be just as much of a struggle as i...

I don't understand the terminology, what is a DI and an IPA?

Thanks for all the input, much appreciated, still not sure what to for the best. The other confusion I find is that some people say that bankruptcy can last for 3 - 6 months, others say 3years, getting clear advice is very difficult. I tried talking to the CAB, but they don't want to know because I ...

No payrise, Harrington Brooks said they would get the repayments set at £300, but it was changed by one of my creditors, I'm worried about bankruptcy for a couple of reasons: I was let some money from a friend, this was before the IVA, if I go bankrupt I won't be able to pay him back. How many of m...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Foggy Good advice from Niobe. Why are you paying an increased amount to that which was initially agreed? Have you had pay rises, since the start ? How far into your IVA are you ? It is important that y...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Niobe Hi and welcome to the forum. So sorry to hear of your problems. Have you spoken to your IP about this? It may be that your I&E is set too high and needs to be reviewed and your IP may possibly be...

I've not been able to keep up the payments on my IVA, I've missed 3 payments, mainly because of illness. I've been quite ill since I took out the IVA and do not get sick pay from my employer, I know I shouldn't but I had to borrow to survive, I also struggle to meet the payments when I am working be...