I have a new job offer which has a considerably higher salary than my current position - £17,000 to £30,000 a year. My debt in my IVA was around 17,000 and I've been paying £50 a month for the last two years. Will I have to hand over all that extra money? Bear in mind my travel costs have gone up significantly as I'm having to run a car now (which was gifted to me).
You will have to hand over some of this money but you need to inform your IP and do a new I&E.
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
