If I make bigger payments, will my IVA term be reduced ?

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doritos

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Post by doritos » Tue Jul 30, 2013 10:22 pm
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I was always under the impression that Income - Expenses = the amount to be paid.

What is being described here is good, as it rewards hard work and all that
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MelanieGiles

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Post by MelanieGiles » Wed Jul 31, 2013 12:45 am
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Check the terms of your own IVA to be sure doritos. We can only give general advice in the forum, and if you are in any doubt then you should check this out with your own IP.
Regards, Melanie Giles, Insolvency Practitioner
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doritos

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Post by doritos » Wed Jul 31, 2013 11:39 pm
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ok will do.
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c.j

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Post by c.j » Thu Aug 01, 2013 7:46 pm
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i had a substantial pay rise in Year 4. i paid 50% of extra into iva from month 1. dont forget to claim any extras, i had extra bus fare to pay plus lost tax credits at same time, so claimed for both.
Iva finished !
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