Hi Janet, if you're completing your Income and Expenditure it's best to put what you actually spend rather than what others say as we're all different. There are guidelines which an IP follows I do believe but these are only that a guideline and it is important for your IVA to work to have an actual expenditure sheet and take it from there x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Hi Jan - I agree with Lesley too, put down your actual spend and take it from there. Just remember to include everything...hairdressers, childrens pocket money etc..
Yes as julie says include everything. i have written to my IP this week as i have had my last incremental rise and am due my annual one this month, last year they waited till my annual review date, this time round they are sending me a income and expenditure form, which is two months before my review! As i said to the lady that i spoke to today when i got their missed call i shall be claiming for my cat as i wasn't aware until having read on this site that i was able to claim for him, strange how this was never mentioned when setting up the IVA as they allowed the payment for his insurance to be included. Hey ho was given the go ahead as i mentioned the guidelines and also this forum. We shall see what occurs in the next 3 weeks once i have recieved my next pay slip on the 26th. Good luck Jan hope all goes well for you and remember put everything down.
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.
IVA COMPLETED August 2012, received Completion certificate 18.4.13.
Just put down what you actually spend, with a little allowance for contingencies and unforseen eventualities. Your chosen IP will be able to guide you as to whether the figures are likely to be acceptable to your creditors.
