Final equity release year

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sazzysue

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Post by sazzysue » Thu Nov 27, 2014 6:26 pm
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Hi all.
In the final year, the equity release year, are all the rules the same with supplying wage slips every 12weeks for eg?
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Michael Peoples

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Post by Michael Peoples » Thu Nov 27, 2014 8:54 pm
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Yes but it can be different in the extended year. It may be arguable that overtime bonuses etc are exempt but it depends on your IVA proposal and any modifications.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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country girl

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Post by country girl » Fri Nov 28, 2014 9:02 pm
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I am in my extra equity year and I have not been asked for any payslips as normal yet (9 payments made). I should imagine they will do a review at the end. I am not to worried about it as I am paying over all my disposable income and have not had a pay increase.
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