overtime payments into my iva ?

6 posts Page 1 of 1
Post Reply
 
 

iain.d

User avatar
Posts: 7
Joined: Tue Jun 10, 2008 1:09 am
Location:
Post by iain.d » Tue Jun 10, 2008 1:10 am
Quote
hi i have said in my iva that i would pay 50 percent of overtime,but just wondered how do they go about taking the money into the iva?thanks
Top
 
 

Viki.W

User avatar
Posts: 5647
Joined: Fri Feb 15, 2008 7:34 pm
Location: United Kingdom
Post by Viki.W » Tue Jun 10, 2008 1:34 am
Quote
Hey iain, welcome to the forum. I really don't know but someone who does will be along shortly to answer for you, I just wanted to say hi. Viki X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Top
 
 

cat 1

User avatar
Posts: 597
Joined: Thu Nov 08, 2007 5:42 pm
Location:
Post by cat 1 » Tue Jun 10, 2008 7:01 am
Quote
I send any extra via a cheque monthly.Some modifications stipulate when exactly.Some apparently are annual.I couldn't face such a large bill.Cat
Top
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:
Post by Shining » Tue Jun 10, 2008 7:44 am
Quote
I send a cheque on behalf of my husband and I at the beggining of each new month for the 50% uplift of the previous month. I've just sent £8.44! for May 08.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Tue Jun 10, 2008 7:57 am
Quote
I ask my clients to self-declare their income every three months and we then calculate whether any monies are due. This is followed up by a fuller review at the end of each year when we verify the information provided to actual wage-slips. You then get the opportunity to pay over any additional earnings on a quarterly basis, but as Lesley posts a lot of people like to do this on a monthly basis just to be sure that they remain fully compliant. I absolutely recommend that this is the right way to monitor your own arrangement if you can.
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

aguise

User avatar
Posts: 3907
Joined: Tue Jan 23, 2007 11:24 am
Location: United Kingdom
Post by aguise » Tue Jun 10, 2008 8:59 am
Quote
I too pay mine on a monthly basis . I just phone and tell thm the wage and they put through an extra debit for the amount due.

Ang
Please visit my blog at http://aguise.blogs.iva.co.uk/
Top
Post Reply
6 posts Page 1 of 1
Return to “postings for june”