IVA about to fail - have made my 60 repayments and currently fighting a sale & possession order due to ex partner being made bankrupt-court date 23/4/13. Got a varitation to extend my F&F payment for 18 months which is now due. I have asked my IP whose his BTrusteee too, for another variation However I can't afford the fee for another variation (£750). If I don't pay today my IVA fails and Bankruptcy looms - any thoughts??
I was under the impression that a variation fee was just added to the amount that you owed? I am currently awaiting a possible full and final and have not been asked for any money upfront.
Thanks it is the IP who is charging this. She wants money cleared b4 hand. This is for a variation to make monthly repayments in lieu of equity and is my second variation - last one cost £250 upfront
Hi I feel a bit uncomfortable naming her on the site as don't want to jeopardise anything. Can I request her to add it on to the F&F even though if the variation is granted I won't be paying the full amount but monthly payments - I really don't want to go bankrupt for the sake of £400! (I have £350 available)
You can but ask - I've not known anyone who has had to pay it upfront. It does seem silly to have to go bankrupt for that amount of money after all this time.
IVA about to fail - have made my 60 repayments. Bankruptcy looms. Any thoughts ?
Posted - 22 March 2013 : 09:17:44
