HI brendan it would depend really some IP's would only look at the increase at review time and then 50% of the extra would be payable others are different so it's worth speaking with your IP as soon as any pay increase is awarded and take their case specific advice.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Hi - it all depends on where the additional earnings come from and how your proposal/chairman's report deals with them. The clauses can be confusing so have a read and either ask us or your case manager direct to clarify the meaning. You should be able to keep some of the extra x
If your earnings go up will your expenses change ? Sometimes one counteracts the other and no change is required ... I know I had to show our increases at the annual review stage unless they were significant changes and then these were automatically done
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I know that all of my last payrise was offset against the extra outgoings so I didn't have to pay anything extra across.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
