Iva / College Expenses

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mccandrew67

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Post by mccandrew67 » Mon Nov 06, 2017 3:16 pm
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Can I help my daughter with living expenses and Gollage expenses such as rent im currently on a iva only on my 6th payment any chance of a reduced payments to help her ?
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Lisa Thomas

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Post by Lisa Thomas » Mon Nov 06, 2017 3:16 pm
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I can't see why this would be permitted unless she is classed as your dependent.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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kallis3

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Post by kallis3 » Mon Nov 06, 2017 3:39 pm
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I agree with Lisa - I doubt you would be allowed to help. Can she get a part time job to help out?
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
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Foggy

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Post by Foggy » Mon Nov 06, 2017 3:49 pm
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Any help you wish to give would have to be funded from your existing agreed allowances.
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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mccandrew67

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Post by mccandrew67 » Mon Nov 06, 2017 8:53 pm
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Currently on a iva only in to my 5th payment ,my daughter currently away at collage will I be able to help with living expenses for my daughter if I request a lower monthly payment to my creditors ?
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Foggy

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Post by Foggy » Mon Nov 06, 2017 9:06 pm
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No, I doubt the IP nor creditors would agree -- that would effectively mean the creditors are paying your daughter's expenses.
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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mccandrew67

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Post by mccandrew67 » Mon Nov 06, 2017 9:31 pm
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Foggy wrote:
No, I doubt the IP nor creditors would agree -- that would effectively mean the creditors are paying your daughter's expenses.
Yes thanks was informed this afternoon ?
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Lisa Thomas

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Post by Lisa Thomas » Tue Nov 07, 2017 10:04 am
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I think the post has been duplicated.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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Foggy

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Post by Foggy » Tue Nov 07, 2017 10:21 am
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Topics merged.
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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kallis3

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Post by kallis3 » Tue Nov 07, 2017 10:24 am
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You beat me to it!
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
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