can you extend your iva for overtime payments

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tina.w

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Post by tina.w » Sat Nov 17, 2007 6:29 pm
can you extend your iva for overtime payments
 
 

MelanieGiles

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Post by MelanieGiles » Sat Nov 17, 2007 8:28 pm
Do you mean overtime monies which should have been paid over under the 50% uplift requirement?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

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Regards, Melanie Giles, Insolvency Practitioner
 
 

iva experts

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Post by iva experts » Mon Nov 19, 2007 12:31 pm
Welcome to the Forum Tina,

Do you mean if you have not declared overtime payments can this be added onto the end of your IVA? If so your I.P would really need to make the decision on this, really 50% of overtime (if stated in your report) should be handed over either everytime this is received or at the annual review.

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