Hello is there anywhere I can get a list of what is allowed for expenditure eg weekly food etc , and also I have been advised by my firm that £25 a month is all that is allowable for contingencies for 2 people,being self employed and reliant on a functioning vehicle (which is currently on its last legs) they did not seem to have an answer of how I was supposed to save for a new one?
You should put down exactly what you spend and don't forget to put things down like haircuts, prescriptions, dental etc.
You won't be able to save for a new car unless you can put some money away from your allowances or can get a family member to finance one for you and then you pay them back at the end of the IVA.
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
Cars bane of an iva life.I went from a quite decent car and now drive an x reg focus cost £650 daughter borrowed us the money with the blessing of our IP paying back £50 a month as we are in year six they said it was ok
Today 1st of December 2016 the vultures finally flew away
