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T O P I C R E V I E W
Dhi
Posted - 07 January 2009 : 11:00:59 i have been paying into an IVA agreement for nearly 3 years but was made redundant 5 months ago. i now have a new job but cannot afford the repayments and send my son to uni. ami eligible for bankruptcy?
1 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 07 January 2009 : 11:46:41 Hi Dhi and welcome to the forum.
As you've already been in the IVA for 3 years, I would suggest contacting your IP first to see if you can amend your monthly payments.
Yes, you can go BR but only after the IVA has officially failed and you can present the court with a letter from your IP confirming this.
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
