hi im currently on an iva ive had to change jobs due to health reasons my income has dropped im currently on a payment break what happens after the payment break if they dont except my new monthly payments could they force me to sell my house i am so worried
The only thing you can do is put your offer of revised payments to creditors and hope that they will see that the reduction is through no fault of your own and that you remain fully committed to the IVA. Do you have any equity in your property at present?
