www.iva.co.uk

Hi all, forgive me for I have sinned, its been 4 months since my last post/blog on here. Will update blog with the next cup of tea.
However I have a question. I am pre empting a possible situation really. My IVA was approved in December and we are currently 'adjusting' and trying to shoe horn ourselves into the budget. The other day I got a call out of the blue with a job offer, its a better job by far with similar money, better hours etc. My concern is that they will want to start me on less money until I have got to grips with it. Obviously I dont want to drop any money or pass the opportunity up. How much 'leeway' will my creditors give me regarding my salary. This job will be better in the long run. Thanks!!

It may be that your IP can reduce your payments by 15% without requiring approval of creditors. This may be enough to allow you to go ahead. Alternatively, you could ask for a short payment break and if you do not make up the arrears within the 60 months your IVA could be extended.

Do not give up the opportunity to advance yourself and a chat to your IP or case manager should resolve this for you.