www.iva.co.uk

Hello me again,

My hubby is going for a very promising 2nd interview, which if he gets he will earn approx £250 more than he does now. I am entering into an IVA hopefully with meeting on the 3 April is this something I will have to disclose to IP if he gets the job.

Thanks again

Hi there hopefully one of the technical experts will be along too answer soon. I would think only to the point of paying the fair share to the bills. I would ring your company and ask for their opinion.

Ang

Yes - I would disclose this to your IP, as your husband ought to then pay more towards the shared bills leaving you with the ability to pay a higher level of contribution in proportion.

Thanks for your replies the interview isnt til after Easter 25th, so guess he may know a few days later taking it to the end of the month then a months notice end of April. We wouldnt know exactly what his take home pay would be until end of May (if he were to get it). Would we have to tell IP immediately or wait for the annual review.

Thanks again Melanie

Forgot to mention Melanie, my hubby has 2 creditors or his own Capital 1 and Moorcroft (also CSA a very old debt making payments to them also). As the IVA if agreed will be just me, he was hoping to increase payments to his creditors with any increase in HIS pay to get them paid so they dont take legal action with Charging Order etc. Would this be allowed?

Capital one is £8k and the balance on moorcroft (joint acc) would be around £900 (CSA around £8k currently fighting them on this due to their errors - bigtime)

Thanks for your help again.

I don't see why not, so long as your own repayments are not affected.

Would i have to tell the IP about changes when we knew or at the annual review?

thanks everso

I would do it as soon as possible simply to cover yourself. In reality they will probably not be too interested, but best to be on the safe side.

Thanks Melanie.

Hoping we are not counting our chickens as it were.

My bed is calling now, I need to sleep.

Thanks again Melanie.