my grandchildren x 2 been taken into foster care from my son and his ex/girlfriend we have been asked to do long term care of the children by social services but how would this impact our iva almost finishing year 4
full final paid over 29/2/16 cc arrived 12/4/16 its all over
The carer's allowance will be counted as part of your income (indeed some of it is actually regarded as income by the paying authority). However, your expenses will increase somewhat to absorb a good deal of this increase and a sympathetic IP will be helpful in this regard.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Potentially any foster care allowances could be regarded as income but you would need to balance this out on the expenditure side.
I would speak to your IP first - a decent one will see the situation for what it is and not just focus on money.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.