Are we allowed to have a savings account whilst in IVA? If so, is there a limit on the amount we can put in?
Also, I keep hearing about 'allowances' - what are these? I've kind of made a guess that it's what you need to spend money on after your bills and IVA payment ie: food shopping, petrol etc. Is that right?
Any help would be greatly appreciated before I go cross eyed!!
Make sure when you do the income and expenditure account that all your allowances are listed and if you need the guideline figures and a list of those allowances feel free to contact me directly.
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