Thank you very much for the answer but I have one more question. My new job is temporary so what will happen and I know that happen if one day I come back to my earlier earnings or even lower? I will have to wait until the next settlement? I will not be able to pay such a high amount during this time.

What is the maximum debt repayment by joining the IVA program? Is it 100% of my debt or you can taking as much as you want if my financial situation improves? For example: I earned £ 1,500 a month and had expenses of £1,400 so I could pay IVA £100 per month. After a year, my financial situation has ...