insurances in the IVA

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rickyg33

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Post by rickyg33 » Sat Jan 26, 2008 7:31 pm
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is it allowable to include insurances, such as life insurance and mortgage term insurance [the kind that pays the mortgage off if I die and leave my wife with a big mortgage that she can't pay] in the IVA calculations?
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goulda

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Post by goulda » Sat Jan 26, 2008 7:35 pm
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I claim £32 life insurance per month.

You should be allowed to include as it is an expense

A. G. Gould
A. G. Gould
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MelanieGiles

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Post by MelanieGiles » Sat Jan 26, 2008 11:30 pm
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Yes - insurances are definately able to be included in IVAs so long as the premiums are reasonable.
Regards, Melanie Giles, Insolvency Practitioner
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