We have received a breach notice and must pay within 28 days. The IVA has been going 3 years.

[Lorraine.cl]

My IVA has not failed yet but I am pretty sure it is about to as IVA Supervisor is annoyed and our review is due now and we have received a breach notice saying we must pay money back within 28 days and if they think about extending iva how long would that be how do i find out how much we have paid into the iva as it has been going for 3 years desperate sorry

[Michael Peoples]

This will require another meeting of creditors and may depend on how much was reclaimed. Creditors may accept a years extension in lieu of the money but if it a large amount they may not be too forgiving.

You need to speak to your IP for guidance.

[12 months to go]

hi lorraine

whay was the breach issued and what is the money to be paid back ? is it additional income or have you missed a payment

[MelanieGiles]

How many missed payments are there on your IVA, and do you have a proposal to put to your IP as to how this may be rectified. I am sure that no-one will want your IVA to fail, but you will need to address the arrears to avoid this.