Posted: Wed Mar 21, 2012 8:50 pm
Hi everyone.
Im 5 months pregnant and worried sick. Been on IVA now for 18months and fell pregnant unplanned.
My IP hasnt offered a payment break as yet - waiting for mat b1 form and to review I&E before i start mat leave. will be approx 400 down i think for 4months and IVA is 400 at the moment.
My worry is that the IVA payments were to increase next feb from 400 to approx 800 when the 2 cars HP are paid off. I will be dropping my hours from fulltime to 30 hrs losing approx 200-300 per month and childcare will swallow upto 600 per month. Ive worked out the disposable for iva would reduce from 800 to approx 300 and scared they wont accept.
I know there will need to be creditors meeting but scared they will refuse the proposal- any advice or experience would be helpful. don expect any tax credits or possibly max 40 quid.
Im 5 months pregnant and worried sick. Been on IVA now for 18months and fell pregnant unplanned.
My IP hasnt offered a payment break as yet - waiting for mat b1 form and to review I&E before i start mat leave. will be approx 400 down i think for 4months and IVA is 400 at the moment.
My worry is that the IVA payments were to increase next feb from 400 to approx 800 when the 2 cars HP are paid off. I will be dropping my hours from fulltime to 30 hrs losing approx 200-300 per month and childcare will swallow upto 600 per month. Ive worked out the disposable for iva would reduce from 800 to approx 300 and scared they wont accept.
I know there will need to be creditors meeting but scared they will refuse the proposal- any advice or experience would be helpful. don expect any tax credits or possibly max 40 quid.