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Posted: Wed Jan 07, 2009 11:01 pm
by Kool_73
Hi
What would happen if i changed jobs during my IVA and the salary was higher? Would my IVA payments stay the same until review or would i have to pay all the extra income into the iva?
Posted: Wed Jan 07, 2009 11:05 pm
by freelili
If your salary income is higher then your payments would be expected to rise, although I do believe that some things may be offset ie more travelling etc or any such extras. Also if your costs have gone up since the start these could be offset too.
I am sure someone will correct me if I am wrong.
Good luck for now.
Posted: Wed Jan 07, 2009 11:07 pm
by kallis3
You're right Lily. He would have to do a new I&E and his payments could possibly go up.
Posted: Wed Jan 07, 2009 11:08 pm
by David Mond
You would be advised to inform your Supervisor straight away but point out whatever extra costs you are incurring too.
Posted: Thu Jan 08, 2009 9:52 am
by kallis3
I don't think you would be expected to pay it all across.