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Posted: Thu May 26, 2016 11:09 pm
by KCdude
I am looking at changing my job there would be a cut in pay, one of them backwards to go forwards deals, would this effect my iva agreement?

Posted: Thu May 26, 2016 11:25 pm
by MrsR
Hi there,

Yes it will, as you will need to complete a new income and expenditure form, and your disposable income could change, leaving you with less money for your iva contributions each moth.

I would speak to your IP about possible implications of changing your job role, and whether or not your iva will still be viable.

Posted: Fri May 27, 2016 7:58 am
by Foggy
I agree -- chat to your IP about possible changes and a "what if" scenario. It might jeopardise the IVA if the payments drop too low.

Posted: Fri May 27, 2016 8:26 am
by KCdude
Thank you

I will contact my ip, hopefully it won't effect my monthly payments to my iva too much.

I'm so depressed with my present job it pays well but I can't do it anymore:(((