Fluctuating salary, being asked for arrears

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Debt Monkey

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Post by Debt Monkey » Wed Mar 24, 2010 7:30 pm
Hi All,

My salary fluctuates on a monthly basis due to working unsociable hours and weekends, GT have just done my annual review and requested 12 months payslips, only 3 previously. They are asking for me to pay back 50% of what I earnt over my basic salary. Is this common, it has never been requested from me in my previous reviews or have I just been lucky up until now. There is no mention of overtime or bonuses in my proposal (used to be with Debt Matters who were pretty naff).

Cheers,

DM
DM
 
 

kallis3

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Post by kallis3 » Wed Mar 24, 2010 7:41 pm
Hi DM,

Hope you are well.

It may be that because it's not mentioned, this is why they are asking for it, but I'd speak to them about it and tell them you've never had to pay it to them before. The majority of us have either a straight 50/50 or clause or 10% and then 50/50.

Hopefully Mel or Andy will be along to advise about this.
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.
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MelanieGiles

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Post by MelanieGiles » Wed Mar 24, 2010 10:06 pm
They can only ask for additional money if your IVA proposal provides for this. Ask them to clarify the specific clauses they are relying on to seek these extra funds from you.
Regards, Melanie Giles, Insolvency Practitioner
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