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T O P I C R E V I E W
Tracey.87
Posted - 10 May 2011 : 00:10:39 my iva has failed . i was told that the bank wouldnt except £90 a month. im worried that when i declare my self bankrupt that i will be no better of as iv been told the truste will make me still pay monthly to them.
2 L A T E S T R E P L I E S (Newest First)
Niobe
Posted - 10 May 2011 : 16:51:43 It rather sounds like a DMP to me as I've not heard of an IVA being done for as low as £90.
I do agree with Viki - you need to speak to an expert but you could well end up making payments towards bankruptcy for three years.
Double, double toil and trouble; Fire burn, and cauldron bubble.
Jan xx
Viki.W
Posted - 10 May 2011 : 07:46:27 Hi Tracey,
Did you actually start your IVA or was if rejected at creditors meeting?
If you have any surplus then you may have to pay and income payment agreement for 3 years.
Speak to your IP or an expert on here to go over your options.
