I am 3 years into my IVA but am on long term sick leave meaning i cant make my full contributions. My IP advised i pay a token gesture each month as im no longer receiving a salary nor do i know when ill be returning to work. It has become apparent that perhaps declaring myself bankrupt would be the...

Yikes. So bankruptcy would be the only solution when it reaches that point then. Im still hoping and working towards returning to work to get back into paying full IVA conts but i cant commit to a timescale due to the nature of my illness. If they make me bankrupt while im on sick leave, theres noth...

Thats just what i wanted to hear. Thank you for the taking the time to reply!!!

Thank you all for your responses. Ive been looking through my paperwork, and it says the following under my standard conditions: "If the supervisor issues a certificate of non-compliance, he will petition for the debtors bankruptcy provided that there are sufficient funds within the IVA to meet all ...

Ive been in my IVA for 3 years but for the last year ive been on long term sick leave with mental health issues. I dont know when ill be returning to work. My original contributions were agreed at £250pm but within 3 months i had a salary increase and have been contributing £445pm. However, since th...

Im currently living with parents and paying £200 rent per month, but my boyfriend is looking to get a mortgage in HIS NAME ONLY and me move in with him and pay rent towards cost of mortgage. It will probably be about £250 i will need to pay and i guess you would class it as rent. Although i know my ...

Thank you for your reply, and for explaining so well [:)] Just so i know ive understood fully, my partners income would only be taken into account when it comes to the shared household bills? My IP would then expect me to contribute the rest of MY wages into my IVA after household bills but not my p...

I am currently in an IVA as a single person living with my parents. I was wondering what the inplications of getting married and moving in with my partner would be. I have a horrible feeling my IP would take my partners income into consideration with my monthly payments;does anyone know if this woul...

What you just explained happened to you, was what i was worried about happening to me! You poor thing...embarrassment and shame is such a big part of debt, but you did the right thing being honest. You shouldnt be ashamed, you should be pleased that your doing something positive about it. I commence...