Thanks for your responses. My reduction wasnt unreasonable. Infact I didnt give an amount to reduce it by. I said that with increases in living expenses I really could do with a reduction. I explained that I had already had to borrow/gift the money from parents to fix my car. Also that this would not really be an option again. My last IandE set out the costs as a £20 to £40 reduction I think. I pay £420 a month. But nothing came back. Every answer seems to be an extension? They said my account needs a complete revisit and can I wait till September when my review is due?
Hi, I would say no if you need it now. Unless you can wait until september. Say you do not wnt an extension but a reduction due to your new I&e. Be firm and good luck
You should send them a revised income and expenditure summary now and ask for your payments to be reduced. The IP may have the discretion to reduce by up to 15%, and anything higher needs a creditors meeting to be called. You need to be specific with your IP, and not merely say you need a reduction without putting any substance behind the request.
