Bonus

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Michelle.c

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Joined: Wed Feb 01, 2012 10:56 pm

Post by Michelle.c » Sat Apr 11, 2015 2:58 pm
I maybe due for a small bonuse at work. But I need to get a car as my ex will no longer let me use his car for my kids. Will the Iva let me keep the bonus to get a car?
 
 

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sat Apr 11, 2015 3:13 pm
You should be allowed to keep at least half anyway. I doubt they have the discretion to allow you to keep the rest, without asking the creditors. You could ask to take a break in payments for a few months to save the difference. This break will be added back on at the end.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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