Phew! Thanks Andy.

If I send individual letters to my creditors, what happens if some agree and others refuse, does that then invalidate my iva?

Yes, it was £377 per month but the proposal was for £267 per month. I accepted because Nat West had issued a ccj the previous month for the full amount that I can't pay and I really really don't want to go bankrupt. I was forced into a corner by Nat West. So I thought I'll just have to make do, but ...

I have signed the paperwork so does this mean I have to continue through Payplan or can I contact the creditors directly myself? I don't have the greatest confidence tbh in Payplan as they did not do an interrim order when I told them that Nat West were issuing a ccj and this has caused me great pro...

Thank you Andy. Yes, you're right but we kept it all quiet and only told my father in law when we realised how we would be strugling with the monthly repayments. At the moment we have negative equity but there is a clause in the iva for the house to be revalued in month 54.

Hi, I'm new to the forum. I recently started an IVA but the monthly repayments are really stretching. First payment is due on 1st feb. A family member has now offered to lend me the money so I can stop my IVA. I am with Payplan. My current dividend is 46p in the £, I am considering offering 50p in t...