This page contains information about debt solutions available in England, Wales and Northern Ireland. Debt advice in Scotland involves similar but different solutions. Before considering an IVA as a debt solution, please make sure you fully understand the risks involved when entering an IVA.
Each year your IVA payment is subject to review, in line with the terms of your proposal. This is done to ensure that the payment you are making into the IVA is fair for both you and your creditors.
This is nothing to worry about. StepChange have designed the process to make it as simple as possible for you.