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Chrisdj87
Posts: 1 Joined: Sun Jul 26, 2015 9:15 pm
Hi
My partner and i have been together for 3 years and we have tax credits and child benefits together, but he just started in a IVA situation, will this affect our tax credits anyway?
Foggy
Posts: 33396 Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
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No -- the tax credits people won't even know about it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
luluj
Forum Expert
Posts: 11333 Joined: Sun Dec 09, 2007 6:54 am
Location: United Kingdom
The tax credit and child benefit will be treated as income and taken into account however they will not be involved in your iva or informed about it.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
Shining
Posts: 27019 Joined: Thu Sep 20, 2007 8:57 am
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Hi there and welcome to the forum. I hope the above posts have reassured you. Anything else or just a chat don't forget to pop back x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Michael Peoples
Industry Expert
Posts: 15189 Joined: Mon Nov 03, 2008 12:36 pm
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Any overpayment will be included within the IVA which could be a help to you otherwise you should be unaffected.