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some advice regardi...
 
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[Solved] some advice regarding payment amount please.

 
(@porky100)
New Member Registered

The CSA closed my account and have transferred it to the new system. Now my payments have more than doubled due to my recent P60. They have counted a one off bonus last year into my monthly amount. Due to the payment always being the same I planned my finances around that. I have a new house and a hefty mortgage and this is going to make me default my mortgage payments eventually. I have never minded paying at all, but is there anything at all I can do here? Does any common sense come into it at all? This is literally going to leave me homeless.

I don't see my child due to my ex's behaviour.

Can anyone help at all?

Quote
Topic starter Posted : 01/03/2016 11:55 pm
(@TashasHideousLaugh)
Reputable Member Registered

You can ask that CMS use "an estimate of current income" (either from an accountant, works payroll dept, or from yourself) if a particular year contained "special" payments, or is abnormal is some way. Although, I suspect that this "difference" may have to be more than 25% for CMS to use a figure other than P60, but you could ask.

As alternatives to "defaulting on mortgage eventually" or "homeless", you could go interest-only while you sort this out, or downsize.

The CSA closed my account and have transferred it to the new system. Now my payments have more than doubled due to my recent P60. They have counted a one off bonus last year into my monthly amount. Due to the payment always being the same I planned my finances around that. I have a new house and a hefty mortgage and this is going to make me default my mortgage payments eventually. I have never minded paying at all, but is there anything at all I can do here? Does any common sense come into it at all? This is literally going to leave me homeless.

I don't see my child due to my ex's behaviour.

Can anyone help at all?

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Posted : 02/03/2016 12:22 am
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