Your insolvency practitioner would need to communicate your change of cirumstances to your creditors and organise a payment holiday for you. Any missed payments would be added on to the end of the arrangement.
If you needed to take a long period of time off a variation of your IVA may need to be proposed, and variations are not always accepted.
“What we like most about the help the Debt Advice Foundation provide is it’s balanced and fast. You’ll get the right solution suggested confidentially in hours not days.”
iva when pregnant and can't work
Your insolvency practitioner would need to communicate your change of cirumstances to your creditors and organise a payment holiday for you. Any missed payments would be added on to the end of the arrangement.
If you needed to take a long period of time off a variation of your IVA may need to be proposed, and variations are not always accepted.
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