| T O P I C R E V I E W |
| bumperc |
Posted - 07 May 2009 : 12:56:22
Hi
I am currently on an iva but cant make payments.I also don't have enough money to pay everything at once(court fees)what can i do? |
| 5 L A T E S T R E P L I E S (Newest First) |
| Niobe |
Posted - 07 May 2009 : 19:14:02
It all depends on what it says on your proposal/chairmans report. A lot of IP companies now do not keep back payments to pay for bankruptcy.
The glimmer gets brighter all the time
Jan
xx |
| leakie |
Posted - 07 May 2009 : 18:38:57
Hi All
I was in an IVA,
I missed the 3 payments
and the Ip took me to court,
I did not have to pay any fees,
hope this helps.
All the best
Leakie |
| Hallway123 |
Posted - 07 May 2009 : 17:33:58
It is 3 paymnents you have to miss,I'v just missed my 3rd and IVA co have sent me I letter to take to court saying they have no objections to me filling for BR. I'm doing that on 18May, saved my iva payments to pay for it.Sorry I didn't do it 2 years ago instead of strugglingin iva for that time. |
| gettingoutofdebt |
Posted - 07 May 2009 : 13:34:07
Speak to your IP and advise them of the issue. You may be able to take a payment break for a month or two or maybe the repayments can be modified slightly.
If it doesn't look like you will be able to continue with the IVA then it will fail after you miss a certain number of payments, 3 I think. Your IP can then issue you with a certificate showing that the IVA failed and you can apply for BR.
|
| jim_h |
Posted - 07 May 2009 : 13:32:00
just start saving like me i am on a 4 day week now it will take me to xmas but get there in the end |
