www.iva.co.uk

Hi

I have just had an IVA plan accepted by my creditors, based on my regular monthly income up to August, but from this month I now have £10 more monthly net pay due to the increase in personal allowance announced by the chancellor. I have been told by the IP that there will be regular reviews of my payslips and bank statements, so am I right to assume that this extra monthly £10 will all go into the IVA pot?. Many thanks.

basically i would not worry about it. After all £10 a month split between your creditors minus IP fees, their would be nothing left really and what was left it would be next to nothing for creditors

I agree and with cost of living rises the 10 quid would soon vanish.

Any IPs who are taking an extra £10 off their clients at the moment as a result of the recent tax code changes want shooting!! This is money that was taken off us in April and they are just now giving it back!

Shooting is too good and too quick for them - why not hung drawn and quartered?

You Northerners are very bloodthirsty! I remember what you did to William Wallace!! (And no jokes about how old I am!!)

However I was educated down south in Wallingford!