overtime question

5 posts Page 1 of 1
 
 

iel781

User avatar
Posts: 22
Joined: Wed Mar 14, 2007 1:45 pm
Location:

Post by iel781 » Mon Sep 03, 2007 2:14 pm
ive been in an iva for almost 3 years now and so far everything has gone fine.ive been doing a fair bit of overtime recently for which i am to be paid this month.ive complied so far with all bonuses(giving half the cleared funds into the IVA),but recently my dad became ill and has had to stop working,and rather than give up half of my cleared funds to the iva,i want/need to help my parents who are in a difficult situation.is this likely to be a problem with my IP?
 
 

iva experts

User avatar
Posts: 1271
Joined: Thu Apr 20, 2006 5:31 pm
Location:

Post by iva experts » Mon Sep 03, 2007 4:47 pm
Hello,

One of the best ways to find out if this is a problem is to actually call your I.P and explain your situation. I dont think this should be too much of a problem your I.P may increase your monthly payment until the extra money is received.

Best Regards. IVA Experts
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
 
 

Oliver

User avatar
Posts: 1854
Joined: Sun Sep 11, 2005 12:15 pm
Location:

Post by Oliver » Mon Sep 03, 2007 4:54 pm
You need to discuss this with your IP as soon as you can and see if you can gain their agreement on this.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
 
 

iel781

User avatar
Posts: 22
Joined: Wed Mar 14, 2007 1:45 pm
Location:

Post by iel781 » Tue Sep 04, 2007 7:39 am
thanks for the prompt replies
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Tue Sep 04, 2007 8:09 am
I expect that your IP, whilst sympathising with your parents predicament, will state that they have to supervise the arrangement in line with its original terms, so please do not be disappointed if the answer is no.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

Appoint me as your IP:
http://www.melaniegiles.com/ivaEnquiry.asp
Regards, Melanie Giles, Insolvency Practitioner
5 posts Page 1 of 1
Return to “postbag for september”