Can I get a few things on direct debit when in an IVA?

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Zebra555

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Post by Zebra555 » Mon Oct 01, 2018 12:59 pm
I am currently in an IVA. Am I allowed to get a few things on a monthly direct debit with disposable income that you can cancel at any time such as Netflix or a gym membership?

Foggy

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Post by Foggy » Mon Oct 01, 2018 1:14 pm
If you can fund these things out of your current allowances and the supplier doesn't credit check you (or is happy with your bad credit record) yes you can.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Lisa Thomas

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Post by Lisa Thomas » Mon Oct 01, 2018 1:39 pm
I doubt either of those things would be considered a reasonable expense unless either are needed for your job.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk

abbiesmum2003

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Post by abbiesmum2003 » Mon Oct 01, 2018 6:47 pm
We were able to sign up for Netflix during our IVA. It was never an issue. As long as you can fund it within the given expenses.
An iVA really helped us learn to budget, plan ahead and make certain savings to finance something else.
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