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Posted: Mon Feb 16, 2009 9:54 am
by tina.w
i am due to finish my iva in the next months, i have arrears of overtime payments which was agreed to be payed at the end of iva, will i have to pay fees to the iva until the arrears payed,or just pay the balance owing as obviously it willgo over the five year period
Posted: Mon Feb 16, 2009 10:23 am
by kallis3
As far as I am aware, you will just pay the outstanding arrears, and once they are finished, your IVA will be completed.
Posted: Mon Feb 16, 2009 10:25 am
by MelanieGiles
If your IP has to carry out more work, as a result in the delay on your part in forwarding overtime payments, it has to be right that they be remunerated for that work - however it will depend upon what the proposal actually allows for fees.
Check with your IP to be sure.