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Posted: Fri Jan 09, 2015 2:55 am
by Dawn.07
hi im in a failed iva but now in beging a new oe but have been tolt that I need to seek full time employment as a modification...?
Posted: Fri Jan 09, 2015 3:02 am
by luluj
The word here is 'seek' ... you need to demonstrate your looking for fulltime work. I would also demonstrate how working full time will increase outgoings such as additional childcare/travel etc and the impact on your disposable income.
Posted: Fri Jan 09, 2015 10:02 am
by Michael Peoples
This is quite a common condition and Lulu is absolutely right. Provide what you can to your IP when you do the annual review and this will be sufficient.
Posted: Mon Jan 12, 2015 9:28 pm
by Bowman
Agree to the condition as it is only "to seek full time work" - doesn't mean it will be achieved and if it does the cost of childcare, travel etc. will far outweigh the income