www.iva.co.uk

I have my review coming up and my partner has had a pay rise but he isnt named on the iva and is nothing to do with him. But we still have to put his expenditure down but he says he wants none of his money whats so ever to be took off him has he wants it for his son and to pay for what ever he wants etc. I understand this but willthe company? I don't see how they can take money off him?

Most companies will not want his money -- but need the details to work out your fair share of expenses for your disposable income to be calculated.

If, however, you are a Payplan client, they use a different approach and include all household income in the calculations, effectively making the solvent partner pay towards the debts of the other.

So am I right in thinking they will only take half of my money if I earn more? What a payplan? Guessing I ain't in one if I haven't heard of it? Many thanks. Do I tell them about his money or leave it has it is and what I expenditure was before his rise?

If you are not with payplan, which it sounds like, you will pay according to your salary. If you take home the same, you split the bills, if you earn twice as much, you pay twice as much etc.

The rest of the income should be his to spend as he sees fit. Only your disposable income should be taken.

He is within his rights to withold his financial information if he so wishes -- in which event your IP will assume a 50 / 50 split of household expenses. So you declare all expenses and your IP will assume you pay half.

Payplan is an insolvency firm funded by the banks, who just, as outlined above, have a different way of treating income.

I guess the Foggy that if your partner earns more, refuse to declare and split it 50/50! We were both in IVAs so never had that problem!

Yes, Relieved, that would work -- unless you were with Payplan ! I imagine they would insist on all the figures (in which case you go elsewhere, of course).

Thank you. Yeah they take money from me the expenditure form does ask for his income and they have asked for both pay slips before when I had to get my payments dropped.
Last year I had a review cause I had more money go out and this year I have lost all child tax of 130 would you just not declare that or go all the way through the review again when they go back to creditors?