im looking into an iva but was wondering how much we would be allowed for food and if childcare costs get taken into account there is 2 adults and 2 children in the house, we are looking at doing a joint iva
The maximum housekeeping allowance for two adults and two children per CCCS guidelines would be £471 per month. Childcare costs are taken into account when confirming your disposable income.
oh my god i put down 400 for food in rough budget and that pushing it,i dont think we would manage on £70 a week ive got a daughter with precoucous puberty and non stop eats
gosh thank you i was starting to panic, im going to start ringing a few companies today with some questions i got , thankyou for your help and sorry for bugging you, need to make that step now....gulp
We are 2 adults with 1 child at home and we have £392 a month shopping budget. I think that is a fair amount if I'm honest, more than I was managing on before.
Sharon x PS,I'm with Melanie.
Last edited by Breakdown on Wed Apr 15, 2009 2:34 pm, edited 1 time in total.
Our allowance is £290 for food, toiletries and cleaning stuff and that is for three adults. We do manage quite well on that.
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
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
You chaps are getting far too cynical in your old age!! We always use the higher allowances and very rarely get creditors looking for payments to increase. There must be a message in there somewhere!
