Thanks for the re-assurance Melanie. Our income isn't going to change so i'm just praying our IP (one of the regular big ones mentioned)can see logic, and at the least propose an acceptance on the payments to date. We are waiting to hear whether they are prepared to. They suggested it on mine alone (saying my wife's hadn't paid enough pence in the pound - despite never missing a payment in 30 months). Instructed me to get my proof of earnings to show the drop in income, get the house valued, payslips, bank statements etc. Then came back a few weeks later and said that the "team leader" had re-reviewed it and wanted to suspend it for a number of months to show the creditors they had "exhausted other avenues" before proposing a payment to date option. Not sure what other avenues there are to exhaust as it's fairly black and white; £1300 (wife's monthly earnings) + £1200ish (my monthly earnings) does not make the £3800 that was our income at our IVA's commencement. I will report back on what they say...here's hoping someone can see sense.
It is your variation and not theirs - so if you really do want it put forward now, then insist that this is done - even if your IP does not agree that the timing is right, it is up to creditors to decide.
A long time response for this thread!
A big thank you to the above posters.
I took your advice and in Jan last year the "payment to date" was 100% accepted by all our creditors and the IVA was concluded. A massive weight of our shoulders.
I do have a couple of questions about improving our credit rating but I'll post them in the main forum. Thanks again.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
