Hi
It sometimes seems harsh to have to contribute any payrise into your IVA,and as Melanie states make sure that you are reveiwing your living costs when you get a pay rise.
However you can fully understand the creditors point of view because they will still be writing off a large part of your debt,however the plus side, as you stated, is that under an IVA you are able to stop worrying about creditors chasing you,also you have a fixed term to pay after which all your earned money is YOURS and you are debt free.
Its well worth the struggle.
Regards
Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)
Please check out my blog:
http://andydavie.blogs.iva.co.uk