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countrybear

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Post by countrybear » Fri Mar 25, 2011 5:19 pm
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Hi,
First post so forgive me if I appear not to know much.

Hopefully will have my IVA accepted at creditors meeting next week.

My question is I am thinking of joining the Territorial Army. Would wages from this and the tax free bonus have to be declared and if so how much would I have to pay towards my IVA of this money.

Thanks
CB
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liamjames

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Post by liamjames » Fri Mar 25, 2011 5:38 pm
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Hi countrybear and welcome!

I'd discuss this with your IP as soon as possible. If you're accepted by the TA then your income would have to be declared and it may change your payment.

The exact amount you'll need to pay will depend on the terms of your IVA and any modifications, so your creditors meeting day would be an ideal time to clarify this (before you sign).

Best of luck for your meeting!
Take care,

Liam James
Varden Nuttall
http://www.vardennuttall.co.uk

Read our reviews here: http://www.iva.com/iva_companies/Varden_Nuttall.asp
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nepensioner

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Post by nepensioner » Fri Mar 25, 2011 6:11 pm
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Hi Countrybear
Welcome from me too. How brilliant joining the TA, I am sure you will have some wonderful experiences. As Liam says, run this passed your IP and they will be able to advise. Good luck for creditors meeting, which day is is?
F & F Accepted 19th Oct 2010
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luluj

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Post by luluj » Fri Mar 25, 2011 6:47 pm
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As others have said your IP will need to advice you,but it is likely your earnings will need to be included. Hopefully this time next week you will have joined the debt free journey ! Good luck
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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Skippy

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Post by Skippy » Fri Mar 25, 2011 7:12 pm
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Welcome from me as well! As the others have said you'll need to speak to your IP about this.

Good luck with your meeting and with the TA.
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Shining

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Post by Shining » Fri Mar 25, 2011 8:18 pm
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Welcome from myself too and good luck for the meeting date. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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kallis3

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Post by kallis3 » Fri Mar 25, 2011 11:11 pm
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Good luck from me as well!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Julie.je

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Post by Julie.je » Sat Mar 26, 2011 10:23 am
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Good Luck from me as well.
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