Im in an IVA and my girlfriend is now expecting a baby.What sort of scope is there within an IVA to reduce my monthly payments? Money is ok now but things will get a bit expencive. Im currently paying back £514 a month. This is about 60% of my debt. Many thanks

Im on an IVA and I would be grateful for some infomation/Iva options around Redundancy please. I.E My redundancy money will not cover a settlement figure . My worst fear is having to pay all my £6000 redundancy into my IVA then not being able to keep up the payments on my iva as i will be out of wor...

is an overdraft allowed when you are in an IVA ?

Thankyou for your swift reply..No i didn't have a meeting with my IP everything was explained over the phone and have always been a little foggy around the four year equity realease part. I have however found my modifications proposed at the meeting of creditors contract and im assuming this is the ...

Hi Melanie.. I have only been in my IVA since December 08 ..My property is worth about £109000 and my outstanding mortgage is £92,000.. Again - oddly worded and rather ambiguious, but it suggests to me that you are required to remortgage and then pay in all of the mortgage monies available to you. H...

Good Evening I have an Iva and a girlfriend [:)]...We have been thinking about renting a place together (this would mean i would have to let out my property) ..i earn more than her even after my IVA deductions and the rent I would need to pay would be covered by the rental i receive from my flat on ...

Good Evening and sorry for the delay in repling.. Firstly thankyou for your replies...On my proposal summary in the offer of payment part it shows my voluntary contributions as £28,740 and my equity in property as £11,196... im hoping that this means this is all i need to raise in year four for the ...

Hi, I have got an iva and im a little confused about the equity release in year four...I have read on here that you have to try to remortage to 85% of the value of the property minus outstanding mortgage and this will be the amount that i will pay into my IVA. I can only see in my terms that i have ...