i have just had a letter from the tax man and i overpaid during 2009-2010. i started my iva on the 22nd of feb 2010, i have not cashed this check yet as i only recieved it this morning. Would this be classed as a windfall, if so would the payment be based on a pro rata payment into the iva as it was over payments made before the start of the iva.
Would just be very handy at these times if i could keep some of it
Maybe owe a bit of it for the last two months you have been in the IVA?
Only your IP is gonna give you your answer but its always worth trying to get a little bit if poss, as every little helps!!
Baldy
had a look through my modifications and any windfall under £500 i get to keep but just waiting for my ip to confirm
Hi we had the same thing a couple of weeks ago and we were allowed to keep it all as it was classed as a windfall and we too have the £500 clause so fingers crossed yours will be the same. We only started our IVA in April.
Fingers crossed James! Let us know what your IP says.
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