Hey There, This is exactly how i feel too, i have spent my first year struggling on IVA, borrowing from family and friends, esp as i could not afford dental treatment and it ended up costing me hundreds of pounds, which i had to borrow, so now as well as paying IVA, i am paying friends a monthly pay...

I am in a real dilemna because i am not sure an IVA was right for me, i have no assets, i have no house etc and i owed 95k which was almost 4 times what i earned!

I am now thinking that i may want to stop the IVA and go bankrupt, does anyone have any advice on how to go about this?

Thats why im asking, i have not heard anything from my IP in 1.5 years about an annual review. I am just wondering if i carry on paying what i pay and never take part in an annual review, ie. dont send them my payslips and P60, can the IVA officially end?

I have had an IVA for just over a year and a half now, to be honest they took a lot of my income and i was not left with a lot of money left to live on, basically my money to live on would run out about 1.5 weeks after being paid. I have now moved house and changed jobs and am earning slightly more ...