question category: IVA

I am 1 year into an IVA, I declare my main job. But not on 2nd, will they find out?
Submitted on: 12th Apr 2009 by Non-Member | Total Answers: 2

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Re: I am 1 year into an IVA, I declare my main job. But not ...

When you have your review your payslips and bank statements are often asked for. If your second income gets paid into your bank it is likely to be noticed and you should talk to your Insolvency Practitioner about your true income.

Submitted on: 14th Apr 2009 by TA Member

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Re: I am 1 year into an IVA, I declare my main job. But not ...

You are also supposed to submit a P60 as well as bank statements and payslips. I would contact your supervisor before your review and tell them or your IVA could fail.

Make sure you consider any extra expenses your second job has created, extra mileage, childcare etc

This question was answered by Debt Advice Foundation, an independent UK debt advice charity. If you're considering entering into an IVA or need further help with your IVA, Debt Advice Foundation provides a free, confidential helpline and can advise you and on whether you qualify. Click here to find out more.

Submitted on: 23rd Apr 2009 by Darren Member

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