Search found 5 matches
Search found 5 matches
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- by Pennykins
- Sat Apr 23, 2011 12:48 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Partner's pay rise
- Replies: 30
- Views: 5556
Maybe I see things too simply, but I don't have an issue with this. My partner benefitted from my debt so I understand why they have to make a contribution towards it throughout the period of the IVA. If the situation was reversed and the non IVA partner’s income was reduced to a level where I could...
- by Pennykins
- Fri Apr 22, 2011 2:26 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Partner's pay rise
- Replies: 30
- Views: 5556
Spoke to my IVA company and they confirmed that 50% of my partner's extra pay is required. So the maximum will be £50 a month. Having said that, with the increases in fuel etc it may not even be that much.
- by Pennykins
- Tue Apr 19, 2011 12:48 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Partner's pay rise
- Replies: 30
- Views: 5556
Thanks for all your responses. I'll contact my IP to see what they say. I understand that as my partner will have benefited from my debts that he must pay towards them, it's just the amount I'm not sure of. My Chairman’s Report does state that 50% of additional income must be paid into the IVA but i...
- by Pennykins
- Mon Apr 18, 2011 8:33 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Partner's pay rise
- Replies: 30
- Views: 5556
Thanks for your responses. But what do you mean by share. My IVA payment was calculated by adding mine and my partners take home pay together then taking away our expenditure and the difference is my IVA payment. It wasn't based on a percentage of my take home pay and my partners take home pay.
- by Pennykins
- Mon Apr 18, 2011 7:48 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Partner's pay rise
- Replies: 30
- Views: 5556
I am coming up to my first annual review and my partner, who is not in an IVA but who’s income was taken into account at the start of the IVA has had a pay rise of about £100 per month. I know that I need to tell my IVA company about this. Will they expect all the £100 to be added to my payment or n...
Search found 5 matches
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