Posted: Wed Apr 23, 2008 5:15 pm
Hi,
i have not paid into iva for 2 months because of redundancy.(this will be repaid when i receive redundancy money.)i have however been paying all overtime into the iva from wifes wages as opposed to the 50% uplift to show willing to creditors during this time.
I have recieved wages from two companies this month because since i was made redundant i left a job and started another which will mean that i will have approx £1000.00 disposable before overtime to pay in this month(normal payment is £700.00).
My question is : will it be acceptable to the creditors/iva company to only pay the 50% overtime in this month from our wages. My wife has done 50 hrs as there are so many things we need at the moment ?
Many Thanks.
i have not paid into iva for 2 months because of redundancy.(this will be repaid when i receive redundancy money.)i have however been paying all overtime into the iva from wifes wages as opposed to the 50% uplift to show willing to creditors during this time.
I have recieved wages from two companies this month because since i was made redundant i left a job and started another which will mean that i will have approx £1000.00 disposable before overtime to pay in this month(normal payment is £700.00).
My question is : will it be acceptable to the creditors/iva company to only pay the 50% overtime in this month from our wages. My wife has done 50 hrs as there are so many things we need at the moment ?
Many Thanks.