but why should your clients first need to STRUGGLE before you will give them these allowances, they are there, set in the guidelines.
most people in ivas are in them because they have chosen to face up to their debt and want to pay back as much as they can reasonably afford, A brave decision.
your decision it appears is to allow familys to live in poverty, almost like a punishment for the mess we got ourselves into in the first place!
and if your clients do not get told of these allowances, and do not know of this forum, then they may belive that very tight budgets are the only way forward, and therefor worry and struggle for the whole duration of their iva because they don't know any different.
It shouldn't be that way, peoples quality of living should not be so hit and miss dependent upon which company they choose to represent them.
kat
IVA accepted 6th May 2011, Full and Final accepted 17th April 2012.
and if someone has children of school age, do they really need to explicitly tell you they eat meals outside of the home!
do you believe, as parents we would send our children to school for 6-7 hours per day without a meal?
kat
IVA accepted 6th May 2011, Full and Final accepted 17th April 2012.
I'm going to take this discussion off line and will e-mail you directly. Very concerned with some of the things you are reporting are apparently happening out there in the marketplace, and I would be keen to understand more about Payplan's allowances as I regularly refer clients to you who prefer to consider a non-fee paying DMP solution rather that a commercial one!
Hi
Just want to welcome Nick to the forum.
Always good to have the actual Insolvency Practitioner posting, shows transparency and courage !
However let's be gentle please
I notice that you have put an email address in your signature. As you are not yet a forum expert this shouldn't be in there as it's against forum etiquette.
I have spoken to Andy and he has said that he will allow it at the moment and he has sent you an email asking for your details so that he can make you an expert.
He will tell you exactly what you can have in your signature.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Ok, I just want to start again...
At Payplan we use the Common Financial Statement guidelines. They advise that meals at work and school meals can be allowed however the housekeeping budget must be reduced to reflect this. If you are having lunches at work or school then this is one less meal that your housekeeping budget has to cater for, which is why they advise this.
Many Payplan clients have posted and they have allowances for schools or meals at work so we have no problem with this being allowed.
Some creditors so request uplifts, but this is only when the amounts are excessive.
I hope this makes sense and hope it helps solve some of the uncertainty.
Hi, my name is Nick Payne and I am an Insolvency Practitioner with Payplan.
Read the Payplan blogs by visiting our website www.payplan.com
I am pleased we went with our company then as we had forgotten to put meals at work down on our expenditure - this was queried and added but our housekeeping allowance was not reduced.
What is the CFS housekeeping allowance for two adults and two children Nick, just to compare with CCCS. I'd be suprised if there was much difference, but it is an interesting debate.
Meals at work was put to me by my IP at BE when my proposition was viewed, as I had not put it down in my initial I&E. I am glad I went with BE and not Payplan!
I don't need the school meals but I do get the meals at work allowance.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I know they are only guidelines, but why is it so easy to find the cccs figures and impossible to find the common financial statement guidelines on the net?
I would love to be able to look at the differences-just being nosey.
full and final accepted January 2015
iva agreed; August 2010
iva would have completed; August 2017
extra year thank's to NRAM
My clients generally tell me that they use a meals at work allowance and if they have children the school meals allowance. The meals at work allowance for a married couple is only £36 per month, which would hardly buy you a bag of crisps and a choccy bar at lunchtime let alone a sandwich.
I once had a well known creditor representative tell me that a client of mine who worked in London ought to take a packed lunch each day rather than buy a sandwich. When I pointed out that they had a car journey to the railway station, had to get an overground train into London and then the tube, a total journey time of over 11/2 hours, and pointed out the state a cheese and tomato sandwich would be in by the time he arrived at work especially in the summer time, they quickly changed their tune.
IPs do have to fight for their client's expenditure allowances occasionally - or perhaps more regularly as Nick recounts - but that fight is worth it as it does preserve the longevity of the arrangement thus creating a win/win/win scenario.
