www.iva.co.uk

i have an iva at the moment i have missed one payment but i am finding it difficult through ill health and over the last year a third reduction in my salary although i have been paid whilst being of work the bills and bank charges have had a crippling effect on our income and the payments to the iva are inpacting on our lives is there anything else we can do

Hi
Have you informed your IP of your reduced income ?
You will need them to ask your creditors to reduce your payments down to a more realistic level.
Also bear in mind that you can file for bankruptcy at anytime at a cost of £485,if you are a homeowner please post back details of your house/mortgage
Do not let this affect your life and health as bankruptcy will draw a line under your debts once and for all
Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp