How much can you claim for Food,Toiletries and Cleaning weekly on an IVA,i claim £180 for a family of five,all adults,my IVA firm have said I need to reduce this part significantly.
Due to the covid 19 virus a lot of prices have increased drastically,do you know what "accepted industry expenditure guidelines" figures are ?
You need to put down what you spend. Which company are you with?
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
I only have 2015 figures, but they are still much the same: For a single adult the guide figures are £100 min. £222 max. with a guide of £169. For a couple £185 min. £354 max. with a guide of £287 and an adult multiplier of £75 min. £138 max. guide £105. These are monthly figures.
So you would be looking at a guide figure of around £602 per month (£139 per week). But the quoted max would be around £ 768 per month (£177 per week) --- so your £180 is within guidelines. However --- they would be looking for the working adults to be contributing to this figure, according to their incomes, as with other expenses.
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