I am currently 18months into my IVA and have the opportunity to acquire a 5% shareholding in a company.

It is likely that my IVA will be repaid early due to my income however will this shareholding be taken into account for anything or have any other effect on the IVA?

Thanks

Thats brilliant, thank you. I've been worried about this all day wondering if I had been ripped off!!

Thanks again.

I have recently completed the first year of my IVA which was originally set up for 60 monthly payments of £167. I had debt of £16,095 therefore the total repayable would have been just over £10,000. Since I set this up, my income has increased substantially and my IVA payments have increased to £309...

My income has increased quite substantially since last year which I can provide evidence of due to payslips etc but my travel costs have increased which I have no evidence of, plus the cost of utilites and food/house basics plus clothes. How will this be taken into account and will my payments incre...

I have completed the first year of my IVA and am struggling to provide income and expenditure details which the IP has requested.

What would happen if I were not to submit this? Would payments continue at the same current rate or would the IVA fail?