Got my first year review tonight, where has the last year gone [:)] I've had some down days but overall I have coped alot better than I thought I would and looking forward to it getting even easier over the next year and beyond[:)]
Although I must admit I am a bit apprehensive, probaly because it is my first review and my circumstances have changed in the last year, thankfully for the better. I have sat down over the weekend and gone through my I+E and was quite surprised on how much things have gone up, car insurance up £20, fuel up £50 etc.....
My Total expenditure has gone up by about £230, has anyone else done an I+E recently? if so how much did your go up by?
I have worked out that my disposable income has gone up form £160 to about £211, will I need to pay the full £211 into my IVA or is there a percentage?
Wish me luck guys
Last edited by mark2010 on Tue May 25, 2010 6:02 pm, edited 1 time in total.
You might have to pay some of your extra DI across. I think it depends on your IP. I didn't pay anything extra across this year.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
If it's anything like mine then it won't take too long. We then had a phone call a few days later to tell us the payments would remain the same.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Can you afford the extra? It does come to a little more than you said your extra DI was.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Increase Should be fine Jan, I was working a bit from memeory in my earlier posting as I was still in work and just got a bit paniky thinking about it [:D]
Roll on next year......Hopefully will no more major chnages [:)]
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
