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Posted: Wed Feb 07, 2007 2:28 pm
by johnny
My husband and I are interested in setting up an IVA as we are suffering severe financial difficulties. One of the problems that I think we will come across is that I do not receive payslips for my part-time job (my husband and I are both in full-time employment too). Is there any way around this? Our unsecured debts total around £40,000 and for us to be able to enter an IVA my part-time money would also need to be taken into account.
Posted: Wed Feb 07, 2007 2:36 pm
by Oliver
Does your 2nd job employer deduct your Tax and National insurance contributions from the amount they pay you or is this cash in hand work?!!
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Wed Feb 07, 2007 3:09 pm
by MelanieGiles
Hi johnny
You will need to get a letter from the part-time employer confirming your earnings, if you do not have pay-slips.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
View my IVA blog at:
http://melaniegiles.blogs.iva.co.uk
Posted: Thu Feb 08, 2007 1:32 am
by 123debtsolutions
It is still possible to enter into an IVA. Once you have chosen a company to go with the advisor should explain everything that is requred of you and a good case worker will help you to gather this information.
Best of Luck
Lee
www.123debtsolutions.co.uk