IVA proposal accepted, but.......

BabyZim

They want me to reduce my workplace pension contributions from the maximum (platinum level - Benefits builder plan) to the lowest level. This is from 9.5% to 5.5% and I think works out about an extra £100-120 a month on top of the agreed £269.

Perhaps some of you clever people can work it out better - from last payslip.....Salary £2925.96 (before tax) - Pension adjustment £267.23 (paying 9.5%) if in future I paid 5.5% what extra money would I be paying toward the IVA????

I have about £43K of unsecured debt with two creditors and live on my own in a rented house.

And of course, they re-negotiated Grant Thorntons fees! LOL

First direct debit due to go out 18th March, that was quicker than I thought, but frankly I'm glad to get it all underway.

Thanks to everyone for your help and comments in the past xxx