QUARTERLY REVIEW

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Beans on Toast

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Post by Beans on Toast » Thu Nov 06, 2008 8:21 pm
Evening everyone, the company we are with for our IVA do quarterly reviews on our payslips, We think this works great because we don't go too long without knowing how much we have to hand over on the 50/50 rule.

We submitted the last quarters payslips at the end of September, this three months included some back pay, O/T & tax rebate. We know we will be owing some money and we have asked them to take into consideration car repairs that wiped out our contingency.

I would like to know what sort of timescale we should expect an answer on this before I ring them to sort it out, I know it's a busy time for them lately but I want to get a figure sorted out sooner rather than later without being over pushy.

We had a letter back within the week on our previous one but there was no O/T to calculate for that 3 months.

Sorry if this seems a bit long winded, just want to know if a month is about the aveage time to wait.
IVA completed April 2013
 
 

MelanieGiles

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Post by MelanieGiles » Thu Nov 06, 2008 9:44 pm
Just give them a call and you will probably get an answer straight away. Yes, IPs are all pretty busy at the moment, and in the meantime tuck away the money that you think you should pay over so that it is there ready for the IP to collect.
Regards, Melanie Giles, Insolvency Practitioner
 
 

chardonnay

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Post by chardonnay » Fri Nov 07, 2008 5:14 pm
Hi Beans on Toast,
I hope your review goes well and they take into consideration the extra expenditure you have had. Well done you if you have spare money to tuck away - that's a luxury I would love to have!! If you have managed to have spare money can you share your secret with us??!!
Good luck and do let us know how it works out,
C x[8)][:)]
Chardonnay
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