Meeting with Creditors

[Bob451]

Hi All
I have my meeting for the 12th July in the email it states I don’t have to be there, just available for the phone call after they have the meeting. I guess this is to say wether it’s approved or not?
I’ll be honest I’m a nervous wreck.
Things bothering me are if I’m approved how does it all work?
I’m on a 0 contract as I work offshore, what concerns me is I am paid by the time sheet for example if I join the vessel on the 28th of the month I will only get 3 days pay for that month. Then will have to wait till the 15th of the following month to receive that money.

As I work a 21 day rota ie : 21 day on shift . 21 days off.
So as my 21 day shift continues into the following month I then get paid the rest of that pay. For example…
Joined ship : 28/5/21 =3 days pay for May.
01/06/21 to 18/06/21 = 18 days pay for June .

So may pay is paid in June and June’s pay is paid in July . 15th of every month.

So with all my expenses and living allowance comes to £1500 a month.
So really some months my money does not cover that amount which is why eleventh now and again I’ll get a full 21 day shift in the same month. So I need that money to help with the following month to help with the bills.
Very confusing isn’t it lol .
I’m just wondering how they will work this out?

[Foggy]

They should already have addressed that in your proposal and spoken to you about it --- if not, ask them. I imagine they will be working on averaged figures, over a given time period and it will be a case of using the 'good' months to offset the 'bad'.

[luluj]

I agree with foggy - get them to explain to you again and ensure you are comfortable with it. Now is the time to rethink if you are unsure on anything - good luck x

[Bob451]

Thanks foggy & luluj I’m due home from sea on the 9th of July so will contact them before the meeting on the 12th.

[luluj]

Is there no way of making contact sooner ? I fear leaving it that close your meeting date gives very little real opportunity to resolve the query

[recovering]

Hi my pay fluctuated throughout my IVA, it was averaged over the year and ran pretty smoothly. I think it's important you get this sorted before your meeting!
Good luck