question category: IVA

i recently changed jobs with 80 pounds a week increase in my wage.wii the iva take it all


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Re: i recently changed jobs with 80 pounds a week increase ...

IVAs are usually reviewed annually and you should submit a new income and expenditure.

Even though your income has increased, your expenditure may have increased - you may have to travel further for example. Make sure the IVA is still working for you and your creditors.

IVAs are based on your income and expenditure. You should contact your supervisor - and discuss your particular situation with them.

If you have a question about IVAs click on my name and contact Debt Advice Foundation.

 

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