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Iva and drawing a pension
biscuit1_2
Posts: 181 Forumite
Hi all looking for some views please. We are 3 years into our Iva and I am 55 next month and I am contemplating drawing my works pension, as I also have a second pension that I will draw at 65. One of my reasons being I would dearly love to help my son's out as one is looking at buying a house this year. My question is this can I draw my pension and still keep the iva going, now I fully realize it's going to cost me and how much will decide if I take it or not. As it stands at the end of our plan we will have paid £40000 of a £44000 debt, as we have had a £7000 ppi payment and made £2500 in extra payment. I am therfore expecting to have to pay the other £4000 plus 15% costs, but do I HAVE to finish the iva or can I pay this and carry on till the end, sounds daft but to be honest fixing my credit rating doesn't bother me tbh, we have got use to not living with the scurge of credit being chucked at us if we can't afford it we don't have it simplz
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Comments
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Hi you may get more help on the I.V.A board0
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There you go great advice already, lol. I thought it was all one board looking at the heading .... Cheers0
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