what are typical expenses for food, beer, rent etc

[ste]

what are typical expenses for food, beer, rent etc
thanks again for your profetional advice as it is much appreciated

[MelanieGiles]

Hi again steack

That depends on the size of your family and personal circumstances with regard to food, toiletries and cleaning materials - which are usually classed as housekeeping.

I am afraid that creditors are not terribly sympathetic about a beer allowance - or smoking - so best not to mention them!

Rent will be in line with your property rental agreement - and this will depend upon the size of your property and the area in which you live. As a general guide, creditors do not like to see housing costs at more than 40% of your take home salary.

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

[pnn]

hi ive just filled out my application for my second attempt at a iva the expenses ive been set for food ect is 450pm thats for 2 adults & 2 kids hope this helps you

[MelanieGiles]

Nicky - Why are you having a second attempt an an IVA? What went wrong the first time?

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

[pnn]

hi melanie
my 1st attempt at a iva was rejected by northern rock due to the equity in our property and our mortage payments being to high to be able to remortage in the 4th yr of a iva

tina your asst is currenlty going through all the paper work with me .
and hopefully you will be able to get my 2nd iva approved for us
thanks
nicky

[MelanieGiles]

We'll try our best as ever!

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