child maintenance money

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lynze2009
Posts: 1
by lynze2009 » Wed Jan 20, 2010 6:12 pm
do inc child maintenance money when calculation money for iva ?

 

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Skippy
Posts: 20717
by Skippy » Wed Jan 20, 2010 6:14 pm
Hi and welcome to the forum.

As far as I'm aware child maintenance must be included as income for the purpose of an IVA, but this would then be offset by the needs of the children.

 

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Andrew Graveson
Posts: 933
by Andrew Graveson » Wed Jan 20, 2010 6:29 pm
Hello lynze2009,

Skippy is correct. You should include all sources of income and all expenditure to ensure that any contribution you propose is sustainable for you and fair on your creditors.
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