Contributions set to go up

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nicola715

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Post by nicola715 » Sun Feb 21, 2021 2:55 pm
Hi all,

Our contributions are about to go up by about 200 per month as we have lost our childcare provider. Thanks to wfh we can survive without it (i hope). I will be reducing my hours in work to 3 days per week (currently work 4) but even with this still better off due to no childcare. All this due to change 1st april.

I have emailed my IP about this. Any idea what proof i need to send? I like to be ahead of the game. New expenses sheet perhaps?

Thanks in advance

kallis3

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Post by kallis3 » Sun Feb 21, 2021 3:01 pm
Hi,

I imagine you will need to do a new I&E, your IP will tell you.
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

nicola715

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Post by nicola715 » Sun Feb 21, 2021 3:04 pm
Thanks! Should i get bank statements etc ready or is that something just for an annual review? This is our 1st major change. 2nd review due July

kallis3

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Post by kallis3 » Sun Feb 21, 2021 3:20 pm
I don't know - give them a call tomorrow and check.
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

Foggy

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Post by Foggy » Sun Feb 21, 2021 4:41 pm
As income as well as outgoings have changed, I imagine that you will do a full I&E from scratch again. Better to have everything to hand and not use it than to be missing something and having a mad scramble at the last minute.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

nicola715

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Post by nicola715 » Sun Feb 21, 2021 5:27 pm
Thats what i think too. Thanks!
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