Hi all
Just as I thought we were getting somewhere 2 more issues arise. My husband received a payrise and bonus so we sent his payslip into the IVA, They have worked out how much we need to pay over but when I asked for a breakdown of how they have got to this figure I was shocked to learn that they are not allowing him to pay his company pension at all. There were modifications to our original proposal stating that he could only pay the minimum pension payments and the rest was to go into the IVA - this we agreed. Why are they now not allowing pension payments at all or I am missing something.
Issue 2 is that based on additional payments for his pension our monthly payment was due to increase but due to tax credits cut the increase was less then originally expected but was agreed. At first DFD put this as a 15% reduction but in Sept 2012 the reduction was taken off and our monthly payments became our regular payments (I have this in writing from DFD) I have today been informed we are on a 15% reduction but our payments have not gone down - how can this be.
No you are not missing anything. Your husband is entitled to maintain minimum payments into his pension, and you should therefore query this further in case there has been some misunderstanding.
With regard to the other issue concerning the level of your payments, hopefully you will be able to resolve this once you manage to get that meeting with the IP - subject to your other post!
