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niallj
- Posts: 19
- Joined: Sun Nov 30, 2008 9:05 am
Hi, Just wondered if anybody could answer a queation I have,
I have been in an IVA fpr just over a year,and just completed my first review,
I have just completed a regrade at work that has been going for sometime, it looks as though this will be approved and I will receive approx £100 pm net pay rise this is still below 10% of my income and I wondered if I would be able to keep 50% of it, also I may receive some back pay would I be able to keep 50% of any back pay,I could really do with this as my car is on its last legs, any advice would be great
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plasticdaft
Forum Expert
- Posts: 9562
- Joined: Wed May 21, 2008 12:45 pm
- Location: United Kingdom
Discuss this directly with your IP,but make sure that you mention the car work thats required.
A new income and expenditure will be required as the 10% the 50/50 rule is for overtime rather than a payrise.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.