What was the agreement when the payments were reduced ?
Many proposals allow for the IP to have the discretion to reduce payments by up to 15% and these do not usually have to be made up at the end (though some IP's do try to recoup the reduction).
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
What was the agreement when the payments were reduced ?
Many proposals allow for the IP to have the discretion to reduce payments by up to 15% and these do not usually have to be made up at the end (though some IP's do try to recoup the reduction).
Was it reduced as part of your yearly review or because of a different situation?
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
I had a health issue I had just sent my annual review in. when everything was returned beesleys told me they could make a ruduction owning to the extra cost I was incurring
