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The ultimate guide to IVA payments. How are they calculated and are they fixed. What happens if you earn more? Can they go down?

Will your IVA payments go up after you get a pay rise? Is the length of your IVA reduced? Can you hide your pay rise from your IVA company?

When your wages go up will your IVA payment increase? Is your IVA paid off faster? Could you end up paying more than you originally owed?

Can you change your IVA payments to pay less? What if your IVA company won’t help? Will your IVA end sooner if you pay more?

What is the advantage of a lump sum (full and final settlement) IVA? How much do you have to pay? Where can you get the required money?

What happens if you make bigger IVA payments? Do you have to increase your payments if you can? How can you pay an IVA early?

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 I do an IVA with no monthly payments? What is the minimum payment for an IVA? Can payments start lower and then increase? What about lump sums?

Can you keep overtime payments earned during an IVA? Does overtime mean your IVA will be paid off early? What if you get a bonus?