can you still work overseas ?

[Maria.c]

Hi when you enter an IVA can you still work overseas in so far as you keep your part of the arrangement.

[MelanieGiles]

Hi Maria and welcome to the forum

In principle this may be possible, so long as it does not affect your ability to maintain payments into the arrangement, against a background of fluctuating currency exchange rates.

I have a few clients who are living abroad and most people manage this quite well.

[animaleyes76]

Sometimes the exchange rates can give you a scare but it's definitely worth it.

Long may the pound go down the toilet lol.

[Adam Davies]

Hi
Mel, do you use the exchange rate at the time of the proposal or an average exchange rate based on the last 12 months ?
Regards

[animaleyes76]

and...

if you are already in an IVA should the same thing happen? Fix a rate for the year etc or is it just tough luck for me now i have moved after the IVA has been set up?

[MelanieGiles]

We would tend to look at both Andy, and take the worst case figure.