Hi All. Im wondering about why my iva proposal says i have to pay more money for the first, to the fourth month? Is this their nominees and supervisors fee, that im paying before making contributions into the iva?
Have you gone directly to.am ip company or are,you using another firm to sort out the initial paperwork?
Which company are you with?
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
Welcome to the forum...each person's proposal is different and set to their own circumstances - your IP should be able to give you the answer here....don't worry about asking questions, this is what they are for and they should explain this to you if it is not clearly written in your documents !
Good luck and let us know what the reasoning behind is.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Being self employed is the most common reason for this. In your proposal there should be a breakdown of your payments and an explanation of any increase/decrease. I would check this first and if no joy speak to your IVA company who should be able to help.
This should really have been explained to you by your IP
That would be normal though Tony. This is a bit different I think as it appears that it does relate to self employement
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