Pension in payslip and fear of IVA collapsing

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Haze

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Post by Haze » Wed May 17, 2017 6:47 am
my last payment is in June & as my iva was extended for a year for property equity it will have been the 6yrs. However I'm now worried. I messaged my iva Co to ask if there is anything they need & they said P60s & payslips - however in April I asked my hr dept to put me into the company pension from July onwards - after my last payment - but they took it as of April so now my payslip will have company pension on it - is this allowed? I'm so worried it'll all collapse now

Foggy

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Post by Foggy » Wed May 17, 2017 7:03 am
Hi -- there should be no problem .... if you choose to fund your pension from your agreed allowances that is up to you. The IVA payments are all up to date, so I doubt your IP will even notice.

Well done on getting to the end ... not long now.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Haze

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Post by Haze » Wed May 17, 2017 7:07 am
I do so hope you're right Foggy! I've just sent them a message though regarding it as I was worried! Have I done a stupid thing by pointing it out?
Oh I do hope it all ends OK now
Can I just say thanks so much to this forum too! Over the past 6yra you've been a godsend

Lisa Thomas

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Post by Lisa Thomas » Wed May 17, 2017 9:28 am
You're entitled to join a pension scheme and if anything this reduces your income and ability to keep up with the payments.

I can't see how this will affect your IVA in any way. Your IP will be looking out for additional income, not expenditure.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk

kallis3

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Post by kallis3 » Wed May 17, 2017 9:36 am
I am sure you will be fine - let us know how you get on.
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

Haze

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Post by Haze » Wed May 17, 2017 4:56 pm
Will do thanks pepes

kallis3

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Post by kallis3 » Wed May 17, 2017 4:59 pm
Hope it has all gone ok!
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

Michael Peoples

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Post by Michael Peoples » Thu May 18, 2017 9:43 am
I agree with all the others. You have done nothing wrong and your IP will have nothing to say.
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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