www.iva.co.uk

I was just wondering what wud happen if you had a baby unexpectedly whole on an iva a needed to pay for childcare etc wud they reduce ur payment at all??

Many do have babies whilst in an IVA. The IP will do a fresh I&E and work out where to go from there.

Many new proposals allow the IP the discretion to reduce by up to 15% without going back to the creditors, anything more than that would have to be agreed.

Excellent advice from Foggy. Neither IP's or creditors expect life to be on hold for the whole term of an IVA.

That's great to hear because I worried as we're newly marked and really want a family but wud need to pay child care and I was worried we cudnt afford it x

Hi, everyone says don't let the IVA put your life on hold all the best x

Aww Thanx its def taken a weight off my mind — its good to know it's possible to have a family

There's lots of babies been born during an IVA - don't put your life on hold!!

we had our youngest when i have 2 and half years through my iva and i put a variation through it extended it a year but it didnt put my life on hold..

That's good to hear I didn't think it wud b allowed.... Puts more financial strain on u etc x

Did they make that a stipulation that u extended it loopylass?? And did they reduce it by much x

IVAs need to be flexible enough to cope with life's happy events - and you should never put your life on hold for want of paying a few unsecured creditors.

To divert momentarily, Mel, do you ever sleep?

Dazie, go ahead and build a family. Ok so you owe a few quid, like all of us, but the happiness a little one would give you is fab-u-lous.

I've often wondered that of Mel, maybe why she is always on her toes and doesn't need reference numbers for her clients!

Did they make that a stipulation that u extended it loopylass?? And did they reduce it by much x

I get lots of sleep thanks The Artist - but generally manage very well on 6 hours a day and have always been a bit of a late night person!