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I was told on the day of my IVA approvel that there was not a request for 50% of my overtime. I am still awaiting the chairmans report, and am wondering if the 50% rule will be added to the report automatically, even if my creditors did not request it? I have to get my car through an MOT next week & tax it!! so finances very tight this month?[V]

Hi stevie

There will be no addition of this requirement unless your proposal specified that you would pay over additional monies or your creditors modified the proposal at the creditors meeting.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk