Hi I got approved an Iva a few weeks ago and my first payment was taken this month. I am now in a state as I made an assumption getting a dog for myself and my family wouldn't be a problem but now I'm panicking thinking they won't approve and my iva will be cancelled . As your not supposed to take holidays etc with spare cash as I'm lead to believe ! Please help am I going to have to rehome the pup?
Why would yu have to do that? I had three dogs during my IVA and there was not a problem.
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
Hello, not sure what you are basing your information on but we have had a dog throughout our iva and there is even an allowance for pets within the guidelines. I have also managed a couple of basic holidays although that does involve exceptional budgeting and overtime at work.
The only hitch here is that, if you enter the IVA with a pet the expenses of that pet are part of your agreed allowances ( within reason). However, if you decide to take on a pet once in the IVA, the creditors are unlikely to agree to fund it and you will simply have to fund it from your already agreed housekeeping allowance.
If you choose to eat Lidl beans instead of Heinz to pay for dog food, that is your choice and your IP needn't get involved.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
We didn't have a dog at the start of our iva and had an allowance at our next annual review. It was fab, free exercises walking her and the perfect excuse why we were not taking holidays!
We did manage odd weekends away with careful budgeting and using clubcard points for meals out etc
IP's do have some discretion -- but often refuse to use it (at least to the debtor's advantage). I have noticed a considerable "hardening" of attitudes over the last few years, primarily by the bigger firms with closer connections to the creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Must admit that we were allowed expenses for all of ours, including the insurance. I suppose we were very lucky there.
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 have to agree with the other posters and you have done nothing wrong. If you do not receive an allowance for pets you can add this in at the next review and while it is only £34 it would help. IVAs are not supposed to be punishments so you fine with the dog.
Dog food came out of our normal household budget but we were allowed insurance.
Then again this was back in 2008 when allowances were a lot more flexible.
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
Thankyou very much for your replies I'm glad I won't have to give her up I was just panicking that they would have not approved. Do I mention it to my IP now or wait until a review is brought up ? Thanks
Personally, I would leave it until the review and see how you get on with the extra expenditure on your current allowances.
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
We waited and then added to new I&E but we had her the end of May and our review was July. I had had an incremental rise in the April so it wasn't so tight for money.
