Thanks for clarifications, should I tell my IVA supervisors now (pay rise not in effect until next month) or wait until my review which should be around July/Aug i think?

My IVA proposal mentions the 10% 50/50 rule but i'm not really sure what it means. My pay rise was 5% (£50 extra a month after tax). Do i take 10% off that then the balance would be split 50/50 or does it mean any increase in my wages needs to be over 10% to make a difference to my IVA payments?

Hi, my boss has just given me a 5% pay rise which equates to an extra £50 per month after tax. I'll notify my IVA Supervisor once this comes into effect but was wondering are they likely to increase my IVA payments to include the 50% (£25)? Doesn't seem worth having a pay rise!

Thanks for the info guys. Hubby has an appointment with his bank this afternoon so hopefully they may be able to help. If not....who knows [:(]

I'm currently in an iva and my husband transfers money each month into my account to cover his contribution to household bills. This month he has transferred it to my old bank account which is part of my iva. The account is currently frozen. Is the money likely to be accepted or will it bounce back ...

Hi, I'm new these forum thingies so please forgive me if I'm waffling on and not making much sense. My debt level has reached crisis point and I'm not sure where to turn. I've researched the internet looking at different options that are available (I owe £24,000)but I've ended up more confused. My ...