I am about 6 months into my IVA

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kallis3

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Post by kallis3 » Thu Nov 11, 2010 5:23 pm
We send our payslips off quarterly, I know that some companies do require them every month.

As Michael says, overtime or bonus payment uplifts should be paid within 14 days. Most IPs will need to be told about overtime payments and if you need to use the money for repairs etc you will need to provide proof.

I can assure you stewpots that these posts are not 'plants'.
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
 
 

stewpots

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Post by stewpots » Thu Nov 11, 2010 5:27 pm
kallis3 wrote:

We send our payslips off quarterly, I know that some companies do require them every month.

As Michael says, overtime or bonus payment uplifts should be paid within 14 days. Most IPs will need to be told about overtime payments and if you need to use the money for repairs etc you will need to provide proof.

I can assure you stewpots that these posts are not 'plants'.
Well no one has asked me yet but maybe my IP is just slow. Will re-read the agreement

Apologies again to the poster
 
 

Goosed

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Post by Goosed » Thu Nov 11, 2010 5:28 pm
I`m actually paid weekly and send my pay slips off to my IP monthly
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".

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kallis3

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Post by kallis3 » Thu Nov 11, 2010 5:32 pm
Stewpots - each company work differently, you do need to read your proposal and chairmans report to see what it says.

It is all down to it being individual.
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
 
 

Dominic

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Post by Dominic » Thu Nov 11, 2010 6:37 pm
i am only required to send in the last three months of the years payslips, bank statements and P60 in my agreement
 
 

kallis3

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Post by kallis3 » Thu Nov 11, 2010 6:48 pm
We have to send payslips in every three months.

It is all down to your own INDVIDUAL agreement.
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
 
 

MelanieGiles

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Post by MelanieGiles » Thu Nov 11, 2010 11:27 pm
Lots of my clients choose to send me their wageslips on a monthly basis. Others don't but do run the risk that if they fail to calculate or mis-calculate, they may end up owing money at the end of the year.
Regards, Melanie Giles, Insolvency Practitioner
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