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by Chops
Thu Sep 15, 2011 11:20 pm
Forum: Ask IVA Forum and Industry experts
Topic: if i get a bonus at work do i have to pay it all to my IVA ?
Replies: 11
Views: 2424

You keep 10% above your salary or average monthly income, not 10% of the bonus.
by Chops
Thu Sep 15, 2011 11:12 pm
Forum: Ask IVA Forum and Industry experts
Topic: 59 payments down, problems begin!
Replies: 7
Views: 1984

Check your proposal. Protocol compliant IVA's have a clause in the proposal to automatically extend by 12 months to compensate for equity not being released. Therefore, variation would not be necessary. Also, the IP has discretion to allow credit if necessary, if it isn't detrimental to the IVA, so ...
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