What is the petrol allowance?

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Kazza07

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Post by Kazza07 » Mon Aug 10, 2009 4:06 pm
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Hi

What is the petrol allowance for a family of 3?

I think we need at least £200 a month for petrol, as my partner does 50 miles a day to work and I also work, but only about 7 miles a day for 3 days. Anyway with the price of fuel the way it is, £200 seems realistic to me.

However it looks as though we are being given an allowance of £120.00 per month. Is this right?
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Michael Peoples

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Post by Michael Peoples » Mon Aug 10, 2009 4:10 pm
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Travel costs are what they are and just need an explanation if they are above average. Sometimes it helps to have receipts but £200 per month is not outrageous. Speak to the drafter or IP because if the proposal is not affordable at this time it will fail.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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Skippy

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Post by Skippy » Mon Aug 10, 2009 4:28 pm
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If the figures are being adapted to make them fit then it's likely that your IVA will be unsustainable from the start.

Speak to your IP, and if they say that you cannot increase your travel allowance then I would take advice from another company.
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back on track

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Post by back on track » Mon Aug 10, 2009 4:33 pm
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i travel 90 miles a day and get £130 a month
i do car share a lot of the time but thats what i get
cc received 6th January 2014 now upwards and onwards
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wantmylifeback

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Post by wantmylifeback » Mon Aug 10, 2009 4:34 pm
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We do 60 miles a day and it costs us £10 a day during the week. Have calculated that according to fuel used per gallon and it is pretty much spot on, dOnt know if they will accept it or not though.
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MelanieGiles

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Post by MelanieGiles » Mon Aug 10, 2009 5:41 pm
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Does £130 cover your petrol costs - back on track? If not, why was this figure included in your IVA?
Regards, Melanie Giles, Insolvency Practitioner
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plasticdaft

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Post by plasticdaft » Mon Aug 10, 2009 7:30 pm
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Surely this is where what you spend is proven by receipts and thats what you are allowed to spend(subject to fuel going up or down).

Pretty pointless signing up to an IVA where you say you need £250 a month for fuel and your IP says ok we will put £180 to get your IVA approved and worry about it later on!!!

Currently I have NO fuel allowance as my car is ******!!!
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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