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IVA help needed

1 reply

Confusedmummy2017 · 12/05/2025 10:38

Please help, I'm just completing paperwork for my IVA about to enter year my 5th year and have made a boo boo. On doing the paperwork today I couldn't figure out how my income this year was more anyway I then realised it was from when I increased my working hours. It was a genuine mistake and I never have spare money that's why it didn't even register.

My questions are:

Can they terminate my IVA it was a genuine error on my part?

Should I call to tell them or just send the paperwork?

What other expenses can be added to bump up my outgoings? Can money be added for Christmas/birthdays?

Really worried as this saved me massively at a time I was so depressed due to the stress of divorce and sorting the iva now worried what will happen.

If I manage to borrow the money from my daughter to pay the IVA off now as they mentioned this to me before will they still want the annual review information sorry having a real panic.

Thank you

OP posts:
NotOnThsAsosChristmasCardList · 12/05/2025 12:53

I would honestly suggest going to the money saving expert forum for this there is a specialist page for IVA etc you might find out the answers there.

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