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i got a new job during my IVA but didn't tell provider.
Posted: Tue Oct 17, 2017 1:26 am
by sean380
i got a new job during my iva but didnt tell provider now i have annual review but my expenses also rose i can now pay an extra £40 on my iva what eill happen
Re: i got a new job during my IVA but didn't tell provider.
Posted: Tue Oct 17, 2017 7:47 am
by kallis3
You should have informed them but most companies don't bother with extra income until review time do your new I&E and see what happens.
Re: i got a new job during my IVA but didn't tell provider.
Posted: Tue Oct 17, 2017 8:03 am
by Foggy
As Kallis says, you should keep your IP informed of all such changes -- especially when they affect income. However, most arrangements (not all) are drafted so that permanent increases in income are dealt with at the review following the pay rise, so there should be no damage done.
Re: i got a new job during my IVA but didn't tell provider.
Posted: Tue Oct 17, 2017 9:07 am
by Keith White
I agree - good luck!