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Posted: **Fri Oct 26, 2007 4:23 pm**

i am going into an iva, if i do overtime at work will that money be taken from me?

Posted: **Fri Oct 26, 2007 9:29 pm**

hi
As Gordon states you will usually have to pay 50% of your overtime into your IVA.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
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Posted: **Fri Oct 26, 2007 10:48 pm**

This is a favourite modification put forward by a lot of creditors, but a lot of IP's will not provide for it in the IVA proposals, so you may be lucky and not get hit with what is a fairly tedious provision for both IP and client.

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

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

Posted: **Sat Oct 27, 2007 12:43 pm**

you may not get the 50/50 overtime clause and if so your IVA will a bit easier to get through especially if you are able to do regular overtime.

it was not part of my IVA (which i only discovered a year in!) and keeping all my overtime is the difference between surviving on bare essentials and acually having some decent disposable income to spend and save.