Can a £100 per month payment be reduced?

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sammysmith

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Post by sammysmith » Sat Jul 28, 2012 11:07 am
Hi guys. I am paying £100 per month for my IVA. The not so lovely place I work at has said that they will be giving all employees 3 days unpaid leave deducted from the Salary for 8 months and starting in August. Do you think that payplan will reduce my payments for those 8 months that my salary wil be cut- given I am paying £100 per month?
 
 

Pandy

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Post by Pandy » Sat Jul 28, 2012 11:40 am
You need to speak to your IP/ Company, tell them the situation, they may accept reduced payments but tag extra onto the end.
If life is what you make it, I must have been in a strange mood when I made mine
 
 

Michael Peoples

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Post by Michael Peoples » Sat Jul 28, 2012 11:41 am
I see no reason why not. Speak to the IP because if you hve not got a surplus a reduction or break has to be granted especially when it is not your fault.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

sammysmith

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Post by sammysmith » Sat Jul 28, 2012 11:57 am
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Michael Peoples

I see no reason why not. Speak to the IP because if you hve not got a surplus a reduction or break has to be granted especially when it is not your fault.
Thanks Michael. By the power of payplan plus I have emailed all the information over. Lets hope they take heed.
 
 

Struzzo39

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Post by Struzzo39 » Sat Jul 28, 2012 3:31 pm
good luck . Hope you get sorted x
Steven & Debbie
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