Hi
My husband is in the process of doing an iva,I am in the process of doing a debt relief ordered.he just received the terms to his iva and one of them is that I am to find employment.i currently dont work,could anyone tell me if this would be part time or would they expect me to work full time.our youngest is 10 and while I'm aware he could go to a childminder etc I really wouldnt be happy doing this.its worrying me so much.i would be happy to get a part time job to help pay more towards the iva,I dont want to sound like i dont want to work but I dont want to work full time and have all the worry of childcare and sick days etc
Many thanks
Lisa
So long as you can demonstrate you are looking for work whether it part time or full time then it should suffice. If you are lucky enough to locate part time work then you will need to ensure to ensure child care costs associated to any work that you do are considered in his expenditure.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I always think that this is an unfair clause to bring into an IVA and am wondering exactly where he is in the process -- is this something thrown in by the IP, or have you had a creditors meeting and the creditors have come back with this requirement ?
Apart from 'why should you contribute towards debts you might not have had any benefit from' there is the question of pure economics -- when you factor in travel and childcare it would have to be a well paid job before you had any surplus to pay into the IVA.
Finally, in the current, unknown, situation of isolations, home schooling, uncertain employment and the stresses that go along with all this, it is doubly unreasonable !
I would be interested to know who has suggested this need.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Sat Jun 13, 2020 8:36 amlisa536 wrote:
Hi.the creditors have suggested it.i feel like it is slightly unreasonable but just want to get everything sorted so we agreed to it x
The usual wording is that you 'seek work' --- you don't have to actually take a job !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
This clause was also added into my Iva by creditor before Iva could be accepted. My partner never did find employment and Iva still completed successfully. Partner did job searches and applications on line and I sent screenshots of these to IP. As Foggy says the wording was more on the lines of * SEEKING * employment.
These days you may find it hard to find employment - if you have tried they can do nothing else.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
