Has my IVA failed?

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rhythmb

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Post by rhythmb » Thu Apr 08, 2021 6:14 am
My IVA started in May 2018 and in June of last year I decided to take part in a salary exchange scheme through work, this takes the form of a Currys PC World voucher. In this instance it was for £120 which would be taken from my wage at £10 a month for a year. The first £10 was taken in July and the final £10 will be in June this year.

I understand you can't get credit in an iva if it's over £500 without asking your IP first so assumed I didn't need to ask if it was under.

Can my IVA fail as a result? I'm with payplan.

kallis3

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Post by kallis3 » Thu Apr 08, 2021 7:23 am
You should clear it with your IP but for such a small amount you should be ok. I take it Payplan have seen your payslips during this time?
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

rhythmb

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Joined: Tue May 01, 2018 9:14 pm

Post by rhythmb » Thu Apr 08, 2021 7:41 am
Thu Apr 08, 2021 7:23 amkallis3 wrote:
You should clear it with your IP but for such a small amount you should be ok. I take it Payplan have seen your payslips during this time?
It started in July last year and my annual review is currently being done. They only asked for my most recent wage slip.

kallis3

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Post by kallis3 » Thu Apr 08, 2021 7:57 am
Right. I had to provide mine quarterly when I was with them (a long time ago though). What does it show up as on your payslip? They may question it but I doubt they will worry too much about the amount.
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

rhythmb

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Joined: Tue May 01, 2018 9:14 pm

Post by rhythmb » Thu Apr 08, 2021 8:06 am
Thu Apr 08, 2021 7:57 amkallis3 wrote:
Right. I had to provide mine quarterly when I was with them (a long time ago though). What does it show up as on your payslip? They may question it but I doubt they will worry too much about the amount.
It's deducted from pay under 'Tech' which my case handler noticed on the pay slip when I submitted it to her.

Foggy

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Post by Foggy » Thu Apr 08, 2021 8:30 am
I don't see it as an issue for the amounts involved.

Is this some sort of salary sacrifice scheme to part fund laptops or somesuch to enable home working (just being nosey) ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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rhythmb

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Joined: Tue May 01, 2018 9:14 pm

Post by rhythmb » Thu Apr 08, 2021 8:38 am
Thu Apr 08, 2021 8:30 amFoggy wrote:
I don't see it as an issue for the amounts involved.

Is this some sort of salary sacrifice scheme to part fund laptops or somesuch to enable home working (just being nosey) ?
Yes, it's based on how much you earn, you look on the Currys website, find something you want then request that amount, which you get in the form of a gift card, which is then divided by 12 and taken from my wage that month for 12 months.

kallis3

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Post by kallis3 » Thu Apr 08, 2021 8:56 am
You should be fine.
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
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