I have asked the supervisory department for clarification for you on this and they have indicated that they would only ask for your wage slips and not his, unless there was a need to look into varying contributions once the IVA has been approved.
Regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself
Hi Janed123,
I posted earlier on this thread, I am with Cleardebt and have nothing but praise for the effort, service and support of their staff.
However, its an individual thing and if you done feel comfortable you can walk away. The £250 would only appliy if you had completed a full proposal, this was submitted to creditors and you had set a creditors meeting.
If you have any questions about them, I am happy to answer in confidence if you prefer
Hopefully Size5 has cleared this up for you Janed.
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
Yes thank you Kallis3 I feel a lot better now. Everything is so daunting at the moment and it just escalates so quickly from that first phone call, I really appreciate the time everyone has taken with me over the week and I can honestly say when I woke up this morning this wasnt the first thing that came in to my head as it has been every other day, so thankyou all. Janed123 xx
I'm glad we were able to help you - remember that we're always here for support and advice at anytime so please keep posting.
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
I would check very carefully the situation especially at annual review. I've just discovered that my 1st annual review uplift takes into includes all my salary increase plus a touch more leaving my wife to cover the increase in expenditure and also a small part of my increase.
Hi ,
Were you allowed the 10% then 50/50 with regards to your salary increase ?
Is it a joint IVA ?
Sounds a bit harsh to me , after all , there have been significant price rises over the past 12 months.
ATB
Then I would get back to them.
As I see it , your IVA falls under the protocol.
Therefore , you should be allowed a 10% increase in household salary , then 50% uplift AFTER any additional increase in expenditure.
Let us know how you get on
Exactly why you should be allowed 10% of joint income as an allowance for salary increase.
I have to log off now , but I would chase your IP again for answers.
Melanie Giles who posts on here is a fantastic IP , along with a lot of very clever regular posters like Kallis , Skippy , BOL etc.
I'm sure one of them will post their stance on it.
Good luck
casiquebrado wrote:
As I see it , your IVA falls under the protocol.
Not necessarily!
It's dangerous to offer advice without knowing the terms of your proposal or any modifications. As casiquebrado says, I would talk to your IP and if you are unable to afford the uplift then ask them to produce a variation suggesting a fairer system.
I actually believe that sprowstonboy is a client of mine - and (if so) I am horrified to note that a question has lain unanswered for over two weeks. I will investigate - but could you e-mail me off line so we can discuss the issues directly. Something is not quite right here.
Hi Liam ,
Sorry if I have tainted the situation , but I ( wrongly ) assumed that all IVA agreeements now fall under the protocol.
Apologies to S'town Boy and Melanie G if I have confused the situation.
I'm sure it will get sorted.
Most IVA's are protocol compliant these days, but some more complicated ones may lie outside that remit.
I'm sure you've not tainted anything casiquebrado, don't worry.
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
