salary increase

4 posts Page 1 of 1
Post Reply
 
 

caz

User avatar
Posts: 12
Joined: Mon Feb 25, 2008 7:55 pm
Location:
Post by caz » Thu Mar 13, 2008 12:03 am
Quote
I have just had an increase in my salary. when will i have to increase my payments to iva.I am hoping to move to a new long term rented flat which is going to cost more than i am paying now but not more than the rent i was paying at start of iva which the creditors originally approved. Do i have to get permision from IP first. I am worried I may lose the flat if i have to wait for a decision. I tried phoning but was told by the call centre worker that i have to request decisions in writing.its so frustrating not being able to get a decision over the phone
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Mar 13, 2008 12:21 am
Quote
I would advise your IP of your salary increase, but tell them that you anticipate that the majority of this will be absorbed by higher rental payments.

If I were your IP I would probably agree to this, but you do need to get a decicision from your own firm.
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

caz

User avatar
Posts: 12
Joined: Mon Feb 25, 2008 7:55 pm
Location:
Post by caz » Thu Mar 13, 2008 7:50 am
Quote
Thankyou so much for your prompt reply melanie. i wish i had you for my IP are so helpful.Ive never spoken to mine at DFD.
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Mar 13, 2008 10:07 pm
Quote
Thanks for your kind comments Caz. They do mean an awful lot to me!
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
4 posts Page 1 of 1
Return to “postings for march”