on adverage, how much do you pay a month

Get expert opinion. This is the place for new questions to be posted.
59 posts Page 4 of 4
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9545
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom

Post by plasticdaft » Mon Jul 26, 2010 11:04 pm
We are paying £537 on just over 80k(thought only for 42 months not 5 years).

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

Gettingthere

User avatar
Posts: 190
Joined: Thu May 06, 2010 9:18 pm
Location: United Kingdom

Post by Gettingthere » Tue Jul 27, 2010 7:52 pm
Not specifically related, but could anyone tell me why there seems to be a divide of what you pay and over how long depending whether you live in Scotland or England? (not sure about NI)I was just noticing this when I was finding out about IVA's prior to mine.
 
 

briggadeen

User avatar
Posts: 333
Joined: Thu Dec 10, 2009 9:24 pm
Location: United Kingdom

Post by briggadeen » Tue Jul 27, 2010 7:57 pm
Hubby and I have interlocking IVAs and pay £210 a month on 27k debt. In NI our IVA is running same length as english ones and has same terms/conditions but our incomes are much lower here.

And I earn less because I only work part time - otherwise I would have a big childcare bill which we cannot afford!
 
 

dixie002

User avatar
Posts: 130
Joined: Thu Mar 19, 2009 9:25 pm
Location: United Kingdom

Post by dixie002 » Fri Jul 30, 2010 2:25 pm
we pay £1250.pm
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Fri Jul 30, 2010 9:43 pm
I didn't realise that incomes were lower in Northern Ireland than on the mainland. Time to review the salaries of my own staff in Belfast!!
Regards, Melanie Giles, Insolvency Practitioner
 
 

toolbox

User avatar
Posts: 82
Joined: Wed Jun 09, 2010 2:35 pm
Location: United Kingdom

Post by toolbox » Fri Jul 30, 2010 10:13 pm
And the cost of living is also much higher Melanie, pay rises all round from you lol
 
 

Nicola.sa

User avatar
Posts: 130
Joined: Tue Jul 13, 2010 4:43 am

Post by Nicola.sa » Fri Jul 30, 2010 10:50 pm
I don't think wages are lower here in N.Ireland, apart from when compared with London, of course!
Last edited by Nicola.sa on Fri Jul 30, 2010 10:52 pm, edited 1 time in total.
 
 

toolbox

User avatar
Posts: 82
Joined: Wed Jun 09, 2010 2:35 pm
Location: United Kingdom

Post by toolbox » Sat Jul 31, 2010 1:19 am
are you kidding nicola??
 
 

New start

User avatar
Posts: 96
Joined: Thu Jun 10, 2010 8:25 pm
Location:

Post by New start » Sat Jul 31, 2010 1:56 am
Sorry Nicola but the salaries are def lower. Which they should not be as the house prices and living cost are just as high as in the rest of the uk.

It is really a massive problem in NI.

The cost of living and the house prices used to be so much less but not anymore.
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9545
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom

Post by plasticdaft » Sat Jul 31, 2010 3:40 pm
Gettingthere wrote:

Not specifically related, but could anyone tell me why there seems to be a divide of what you pay and over how long depending whether you live in Scotland or England? (not sure about NI)I was just noticing this when I was finding out about IVA's prior to mine.
The scottish version of an IVA is called a protected trust deed and usually only lasts 36 months.

If you want to move up here for 6 months and then declare yourself insolvent you could go for one!![:D]

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

Nicola.sa

User avatar
Posts: 130
Joined: Tue Jul 13, 2010 4:43 am

Post by Nicola.sa » Sat Jul 31, 2010 3:59 pm
New start wrote:

Sorry Nicola but the salaries are def lower. Which they should not be as the house prices and living cost are just as high as in the rest of the uk.

It is really a massive problem in NI.

The cost of living and the house prices used to be so much less but not anymore.
I guess I am just comparing mine and husband's profession. I am a therapist with the NHS and my banding is the same as it is in England with the exception of London. My husband is an electrical engineer working as a project leader with a manufacturing firm and his wage is comparable if not better than it would be if we moved to England. You could very well be right about other professions though.
 
 

Gettingthere

User avatar
Posts: 190
Joined: Thu May 06, 2010 9:18 pm
Location: United Kingdom

Post by Gettingthere » Sat Jul 31, 2010 8:07 pm
Thanks Paul, I knew there was another version of IVA in Scotland, well I live in the NE of England so not far to move if I ever decide to go for it! [:D]
 
 

briggadeen

User avatar
Posts: 333
Joined: Thu Dec 10, 2009 9:24 pm
Location: United Kingdom

Post by briggadeen » Sat Jul 31, 2010 9:29 pm
Our incomes are definitely much lower in NI than the rest of UK. It might be ok if you are government employed etc but to be an ordinary joe you really don't earn much.

And the cost of living is now scary. We were spending £60ish per week on groceries and its now £100 and there is no change in what we are buying!!
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Sun Aug 01, 2010 12:55 am
My staff in Northern Ireland are paid on merit and definately at the same rates as their colleagues in our offices across England, Wales and Scotland. I would not dream of making regional differentials.
Regards, Melanie Giles, Insolvency Practitioner
59 posts Page 4 of 4
Return to “Ask IVA Forum and Industry experts”