www.iva.co.uk

Hi guys another question…..
I am currently living with my parents. They have no idea about the state I am in and under no circumstances do I want them to find out, they are both in ill health and I fear this may just be too much for them. I am paying them rent of £400 this includes all bills etc, I pay this in cash as it’s how they want it and makes life easier for them. My concern is once I enter into an IVA will I still be able to pay this in cash to them or will it need to be a direct debit?
My alternative at the moment is to move in with my cousin as he has a room spare in this situation he would be happy having rent paid into his bank so that would solve that issue but he has had ongoing problems with receiving post as he is in a rural location, so if I moved in with him I would need to keep my address at my parents for all correspondence. Would this cause a problem?

I can see no reason why you could not continue to pay your parents in cash, but it might be sensible to buy a rent book and have them sign for the money each week/month if you ever needed to provide evidence of this in the future.

If you were to move to live with your cousin, it would be much easier to have your mail sent to that address, and you would need to go on the electoral register at that address.

The Royal Mail are pretty good with redirecting post. You can do for up to 12 months initially - don't know if you can continue afterwards, but then you would have had time to change your address.

It would seem to be the sensible solution if you move in with your cousin.

You could set up a PO Box Number presumably near where you work to pick up your mail.

You can renew the redirection after the 12 months are up.

Don't you have to pay monthly fees for PO Boxes though? And some places won't accept them as a valid address.

That is also my understanding Kallis.