www.iva.co.uk

i have been in an iva for nearly a year now, my husband too one out at the same time. we pay our monthly payments but are paying up to £400 extra a month between us after changes in our payments. we have recently had some big car bills and have had to use some of this extra money to pay the bills -is this ok to do or am I going to have to find extra money at the end of the first year - i have all the reciepts to prove payment

Hi there and welcome to the forum

I am sure that your IP will allow this expenditure to be taken out of your surplus income, but best to get this clarified with them now for your own piece of mind.

we recently had to review our I&E due to a pay rise of £3k - however when doing so I sent in receipts to show that our car maintenance, petrol, food etc etc had all increased and that on going the car maintenance was going to be an issue - they retained our payment at the same and have allowed us to increase our I&E by this amount to help us.

Speak with your IP as soon as you can and get it confirmed - they are human and will support you in this.

thank luluj and melanie for your replies. its great to know that there are people out there in the same position and are willing to help with there advice. i only wish i had found this site befor taking out my iva
i will speak to my ip and confirm this with them
thanks again

Hope you get it sorted Brainy, welcome to the forum. Keep posting, lots of good advice and support here for you.[:)] X

Welcome from me too Brainy.

Hope you manage to get sorted.

Hi Brainy and welcome. We too have been allowed to offset extra costs from our overtime payments for the car for anything over and above our allowance. Have a natter with your company, I am sure all will be fine.

Ang