Overtime. I get paid weekly so is it 10/50/50 per week or monthly ?

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Pauldh34

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Post by Pauldh34 » Sun May 15, 2016 11:21 am
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overtime i get paid weekly so is it 10/50/50 per week or monthly 10/50/50 as over time is not regular
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kallis3

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Post by kallis3 » Sun May 15, 2016 12:16 pm
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Hi and welcome,

You need to speak to your IVA company - if your payments are sorted out weekly it may well be that it is sorted out weekly but they will be able to help you.
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
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Starry30

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Post by Starry30 » Sun May 15, 2016 12:50 pm
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Hi, my partner gets paid weekly but ours is done monthly.
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stringyAcid

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Post by stringyAcid » Sun May 15, 2016 1:06 pm
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Weekly will bring in higher contributions to the iva if OT is not regular. You could ask the iva company how it's to be worked out without suggesting weekly. Ask by email and if you get monthly as your response, happy days.
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Shining

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Post by Shining » Mon May 16, 2016 7:49 am
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I was always paid monthly when in an IVA but my husband weekly, we completed a monthly spreadsheet and sent in any uplift from his wage monthly.

Talk to your IP they'll give you the formula to get the correct calculation I'm sure.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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