Allowed expenses in IVA

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Fallenhero

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Post by Fallenhero » Wed Jan 21, 2009 9:11 pm
Hi i like to know what expenses are allowed..

I know ...the normal ie...water..power..ect

What about mobile phones and other things....i smoke..would i be able to add the cost and include this??
 
 

Lisa2009

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Post by Lisa2009 » Wed Jan 21, 2009 9:16 pm
Mobile phones are usually allowed.
Smoking may or may not be. Different peoples experiences have been different where this is concerned.
Its worth adding it anyway and see how you get on.

Good luck x
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


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Fallenhero

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Post by Fallenhero » Wed Jan 21, 2009 9:31 pm
at least i will be poor and healthy what more could a man want..*S*
 
 

johnh

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Post by johnh » Wed Jan 21, 2009 9:45 pm
Hi, hero
Make sure you include ALL your reasonable expenditure - your IP will help you on this via a "crib sheet". I am a smoker but left it out of my expenditure list (didn't think it would be allowed, but I was wrong - a modest allowance is accepted, I believe, by most IPs). I'm glad I did - I haven't given up but I now smoke roll-ups (very thin ones)and have cut down by more than a half. The late John Mortimor (via Rumpole) said "it isn't worth giving up any of life's pleasures just to live a few days longer" Don't suppose Rumpole would have been allowed to say that today!!
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jan 22, 2009 12:32 am
A modest amount of smoking expenditure is generally allowable, but it is a great excuse to try and cut down or give up completely.
Regards, Melanie Giles, Insolvency Practitioner
 
 

james.c

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Post by james.c » Thu Jan 22, 2009 5:46 am
i was only allowed £20 a month for smoking
 
 

David Mond

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Post by David Mond » Sun Jan 25, 2009 1:08 pm
All of your reasonable household expenses are allowable and as long as it falls within the Common Financial Statement or CCCS Guidelines they will be allowable. Even a modest sum for contingencies.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
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