in an IVA but cannot keep up the payment

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply
 
 

jacquelineh

User avatar
Posts: 2
Joined: Sun Aug 10, 2008 9:49 pm
Location:
Post by jacquelineh » Mon Feb 15, 2010 10:52 pm
Quote
I AM IN A IVA BUT CAN NOT KEEP UP WITH THE PAYMENT I HAVE SPOKEN TO THEM AND THEY CAN NOT HELP BECAUSE THET SAY I TAKE HOME 35,000. BUT THAT IS WITH A LOT OF OVER TIME WHICH CAN STOP AT ANT TIME CAN I LOOK AT GOING TO ANOTHER COMPANY
Top
 
 

Lisa2009

User avatar
Posts: 5411
Joined: Thu Aug 16, 2007 12:17 pm
Location:
Post by Lisa2009 » Mon Feb 15, 2010 11:20 pm
Quote
Its virtually impossible to swap IVA companies and even then it would be very expensive.

Is it your actual IP you have spoken to or just an office worker?
Have you completed a new income and expenditure sheet?
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Mon Feb 15, 2010 11:34 pm
Quote
Overtime monies should never be included as part of salary calculations, because as you rightly point out it is irregular and can be withdrawn at any time.

Which firm are you currently with?
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”