Coronavirus – Can’t pay my IVA

What can you do if coronavirus means you can’t pay your IVA? Suspend your payments. Make reduced payments. Change to a different debt solution.

What happens if I get a new debt during my IVA

If you get a new debt during an IVA there are different options. Pay it off with a payment break. Add it to the Arrangement. Cancel IVA and start again.

I can’t afford to pay my IVA – what can I do?

The options if you can’t pay your IVA. Can you reduce your payments? Should you take a payment break? Can you stop the IVA and do something else?

Can you add debt to an existing IVA?

Can forgotten debts be added to an existing IVA? Can you add a brand new debt to the Arrangement? How to find out who you owe money to.

IVA Annual Review

What is an IVA Annual Review? The paperwork you will be asked for. What if your income has increased? What if you cannot afford your payment?

Can I get a Mortgage during an IVA

Is it possible to get a Mortgage in an IVA? Could you buy your first property? Can you settle your IVA early by releasing equity? Can you move house?

My IVA is failing, what can I do?

What can you do if your IVA is failing? Should you take a payment holiday? Can your payments be reduced? What are the options if your IVA fails?

Can you settle an IVA early?

How to settle an IVA early. How much cash will you require? Can you borrow the money you need? Is it possible to use a windfall to settle an IVA?

Inheritance during an IVA

What happens to inheritance received during an IVA? Can you keep any of the money? Could your IVA finish early? Should you delay starting the IVA?