Income minus expenses gives you your disposable income ..... this is the IVA payment.
You are allowed a frugal amount for "entertainment" (mine was £20, 7 years ago). Christmas and Birthdays you have to save from from agreed allowances ... holidays will be "Sun" £9.50 specials for a while and the home will have to go without. It sounds pretty awwful, but, when I set my IVA up I was left with more "in my pocket" each month than when I was trying to keep up with credit card bills.
Who is onlineUsers browsing this forum: No registered users and 1 guest
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location