dawn20 wrote:Hi foggy regarding an equal pay claim this is money owed by employer because they did not pay u the correct hourly rate for x amount of years so u are only received back pay which I thought would fall under the 10//50/50 rule because if u had been paid correctly then Ur monthly payments would go up accordingly therefore how can it be a windfall and all into the IVA that's seems unfair it's not an inheritance or a lottery winner but a person finally being paid the correct moment for their work the back pay would lump sum would cover the years of underpayment and as such should be treated on a year by year increase that's unfortunately taken too long by employers to finally pay hard working people I realise while in an IVA u want to pay your restores back but to take it all I would have issues and and argument with
I appreciate where you are coming from but, at the end of the day you are repaying a debt and the creditors are agreeing to write off anything unpaid at the end. In return you have undertaken to repay as much as possible. It could also be argued that, had you been paid at the correct rate for all of those years you would not be in debt in the first place ! If the IP requires it to be paid in you would need to take the matter to court for a definitive ruling.
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location