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Posted: Fri Mar 25, 2011 5:19 pm
by countrybear
Hi,
First post so forgive me if I appear not to know much.
Hopefully will have my IVA accepted at creditors meeting next week.
My question is I am thinking of joining the Territorial Army. Would wages from this and the tax free bonus have to be declared and if so how much would I have to pay towards my IVA of this money.
Thanks
Posted: Fri Mar 25, 2011 5:38 pm
by liamjames
Hi countrybear and welcome!
I'd discuss this with your IP as soon as possible. If you're accepted by the TA then your income would have to be declared and it may change your payment.
The exact amount you'll need to pay will depend on the terms of your IVA and any modifications, so your creditors meeting day would be an ideal time to clarify this (before you sign).
Best of luck for your meeting!
Posted: Fri Mar 25, 2011 6:11 pm
by nepensioner
Hi Countrybear
Welcome from me too. How brilliant joining the TA, I am sure you will have some wonderful experiences. As Liam says, run this passed your IP and they will be able to advise. Good luck for creditors meeting, which day is is?
Posted: Fri Mar 25, 2011 6:47 pm
by luluj
As others have said your IP will need to advice you,but it is likely your earnings will need to be included. Hopefully this time next week you will have joined the debt free journey ! Good luck
Posted: Fri Mar 25, 2011 7:12 pm
by Skippy
Welcome from me as well! As the others have said you'll need to speak to your IP about this.
Good luck with your meeting and with the TA.
Posted: Fri Mar 25, 2011 8:18 pm
by Shining
Welcome from myself too and good luck for the meeting date. x
Posted: Fri Mar 25, 2011 11:11 pm
by kallis3
Good luck from me as well!
Posted: Sat Mar 26, 2011 10:23 am
by Julie.je
Good Luck from me as well.