Search found 14 matches

Search found 14 matches Page 1 of 1
by cowpie
Mon Mar 12, 2018 4:24 pm
Forum: Ask IVA Forum and Industry experts
Topic: Annual review - Partners income
Replies: 2
Views: 4240
Not usually - unless you are trying to drastically change any of the figures previously agreed. Apart from a few firms details of a solvent partner's uincome is only needed to calculate the fair share of household expenses and, after this has been done, they generally lose interest in the solvent p...
by cowpie
Mon Mar 12, 2018 4:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: Annual review - Partners income
Replies: 2
Views: 4240
Hi

My annual review (single IVA) is approaching and I was wondering if I will be asked for proof of my partner’s income ?

Thanks in advance
by cowpie
Thu Jun 01, 2017 3:54 pm
Forum: Ask IVA Forum and Industry experts
Topic: Job Promotion
Replies: 8
Views: 421
Thanks all for the info. Have emailed my practitioner with details.
by cowpie
Thu Jun 01, 2017 7:27 am
Forum: Ask IVA Forum and Industry experts
Topic: Job Promotion
Replies: 8
Views: 421
What would happen if I didn't tell them until my next annual review ?
by cowpie
Wed May 31, 2017 6:08 pm
Forum: Ask IVA Forum and Industry experts
Topic: Job Promotion
Replies: 8
Views: 421
Congratulations ! In some iva's changes to income are taken into account at the annual review stage and not before however you should check your paperwork. You should once taken into account see at least 50% of any increase in salary. Thanks for that Luluj I'm with Stepchange. Can't find any info i...
by cowpie
Wed May 31, 2017 5:52 pm
Forum: Ask IVA Forum and Industry experts
Topic: Job Promotion
Replies: 8
Views: 421
Hi

I have just had a promotion at work. Just wondering what the usual protocol is with regards to an IVA ? I am going to call my practitioner tomorrow to inform them, will I need to show them proof of income ? Will I need to send new wage slips etc ?

Any advice appreciated.

Thanks

by cowpie
Tue Mar 01, 2016 7:35 pm
Forum: Ask IVA Forum and Industry experts
Topic: Loft conversion while in IVA
Replies: 6
Views: 2037
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by recovering If they are funding it then perhaps it would be ok. Other posters have had family pay for cars? I suppose it could cause issues at the end if you have to release equity or pay another year a...

by cowpie
Tue Mar 01, 2016 6:56 pm
Forum: Ask IVA Forum and Industry experts
Topic: Loft conversion while in IVA
Replies: 6
Views: 2037
Hi All, I am currently 2 years into my single IVA and all is going well. We live in a 2 bedroom house and have 2 children, aged 4 and 7, who share a bedroom. It is getting to the point where they obviously need their own space. My wife's parents have offered to pay to have our loft converted into a ...

by cowpie
Sun Feb 07, 2016 8:13 am
Forum: Ask IVA Forum and Industry experts
Topic: Annual Review question
Replies: 3
Views: 1524
Hi all I have received the paperwork for my annual review on my single IVA. It says to cross out any outgoings/bills that have significantly increased over the past year. All our bills are more or less the same as last year. My question is: if I leave the income and expenditure as the same as last y...

by cowpie
Thu Feb 04, 2016 5:25 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partners income
Replies: 14
Views: 1888
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by lifenoteasy Nope - because the way it works is that all disposable income in the family is taken into the IVA. The partner who is not in the IVA has been known to end up contributing most of their inco...

by cowpie
Thu Feb 04, 2016 3:22 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partners income
Replies: 14
Views: 1888
Just to reiterate this is not a joint IVA

by cowpie
Thu Feb 04, 2016 3:15 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partners income
Replies: 14
Views: 1888
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Lisa Thomas They will assume a 50:50 split if you don't disclose/prove that the split is different. This would only really affect you in a negative way if she paid less than 50% contribution Thank you ...

by cowpie
Thu Feb 04, 2016 2:10 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partners income
Replies: 14
Views: 1888
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by kallis3 Hi and welcome, Your IP will just want to know that your partner is paying their fair share into the household expenses. Thanks for your response So if I don't state on the income/expenditure t...

by cowpie
Thu Feb 04, 2016 1:57 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partners income
Replies: 14
Views: 1888
Hi

I am 2 years into my single IVA.

My review is due soon. My salaray has remained more or less the same but my partner's has increased.

My question is can my practitioner ask for evidence of my partner's income ?

Thanks in advance
Search found 14 matches Page 1 of 1