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My husband has an IVA that is now undergoing its first annual review. From the outset my salary has been included in the household income pot. Within the last year i have been promoted at work and recently have increased my hours so that I can finance our three childrens various clubs etc and the odd luxury. We have of course included my new monthly net salary in the paperwork (my husbands salary has actually decreased a little) I am concerned that he is going to be asked to increase his monthly payment as our surplus after bills etc is about £250 but this is my hardearned cash and I am not the one in the IVA - where do I stand?

Hi Natasha

Your husband's IVA payment will only be increased if the ratio in which you share the joint household expenditure has changed as a result of your pay increase. You are perfectly entitled to spend your own disposable income in whatever manner you choose.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk