Have just been award a PIP benefit, is this taken into consideration with IVA ?

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Jean.c

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Joined: Thu Dec 11, 2014 8:57 pm

Post by Jean.c » Thu Dec 11, 2014 8:57 pm
Have just been award a PIP benefit, is this taken into consideration with IVA
 
 

Foggy

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Post by Foggy » Thu Dec 11, 2014 9:29 pm
Hi. Yes it will be counted as income. However most IP's will use the same sum as expenses to cover what the PIP has been awarded for ( which is not to repay your creditors) so it will be self cancelling.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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