So the biggest relief came yesterday when I received the call to say mine and the husbands IVA was accepted! I'm nervous about what the next 6 years might bring but feeling like a weight has been lifted!
However, it has been a big week in our home! My husband was offered a different job monday, started the same day, this shouldn't be a massive difference in income, especially as we're on universal credit and this will alter accordingly. Also I work for the NHS which, as you may have seen has been granted a pay rise, it's not overly significant and again, universal credit will reflect accordingly, but it does mean I will be due 3 months of back pay come August, it isn't expected to be a lot and probably not over 10% of normal take home, so am I correct in thinking I don't need to declare this?
Also, in more excellent news, I've been offered a place at university, my trust is funding it, but it will include significantly more travel and expenses, which I'm happy I could meet without altering the IVA payment, and also comes with a payrise and increased working hours, which again will reflect in universal credit...so do I declare all of this when I know more, or just wait until the annual review?
Also I'm not sure I'll be elgible for any form of student finance, but if I am I would obviously love to jump at the chance, would this be expected to be paid into the IVA...there seems to be blurred lines around this subject.
Sorry that all seems a bit drawn out! It's been a crazy week! Lot's happening, I'm hoping all good things!
Also wanted to say a massive thank you to Foggy, who has answered my last two posts and endured some serious overthinking on my end! I changed banks as suggested and am still waiting to see how the car company take the news of an IVA, fingers crossed we get to keep it, but otherwise I'm feeling more equipped than ever to face what life throws our way!