study for a professional qualification

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hara33

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Post by hara33 » Sun Jun 14, 2009 10:30 pm
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Would an IVA allow study for a professional qualification to a persons expenditure. When I entered my IVA I went through a Company that chose my IP and they did not allow for this but I still have to pay for study from my food allowance.
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MelanieGiles

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Post by MelanieGiles » Sun Jun 14, 2009 10:37 pm
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Possibly - if creditors were asked to agree to this expenditure. Was this mentioned to your IP at the time, and did they refuse to put the expenditure forward for you? Which firm are you with?
Regards, Melanie Giles, Insolvency Practitioner
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ivas4us

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Post by ivas4us » Sun Jun 14, 2009 10:38 pm
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I have an allownace for my education costs and are currently studying a BSc in building Surveying. I would contact your IP and explain the situation.
IVA.co.uk The best place for debt advice. Thanks to Melanie Giles, David Mond, David and J (Elv5) Kallis, Dand, Skippy, Andy Davie
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Adam Davies

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Post by Adam Davies » Sun Jun 14, 2009 10:39 pm
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Hi
if you are in an IVA now Hara you will not be able to change companies. It is upto the creditors to agree or not agree the costs of a professional qualification and they may agree to it if the persons income and hence IVA payments were to increase during the IVA. Otherwise it will have to be funded from savings on expenditure allowances or put on hold until after the IVA
Regards
Andam Davies
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