I am really struggling trying to fill out my income & expenditure form for my first annual review, any advice would be greatly appreciated, I know I posted this before but dont seem to be getting very far with it, just spoke with my IP and they have said you have to show receipts for the likes of fuel bills and food bills going up etc which I dont have?? Obviously I can show proof of household bills like electric and rent going up but am just worried about the other things.
I think the key thing is that you will need to prove increased expenditure when you are asking for larger allowances. If you are managing fine then there may be no need to change anything.
Otherwise known as "Tom". [:)] IVA proposal currently being drafted by Liberta Financial.
Hi Kitty - when is your review - do you have time to gather a couple of week's worth food bills to show an average? It really is advisable to keep receipts, especially if you need higher allowances. Do you have any pterol transactions on your bank statement you could show?
Regards,
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
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Hi, i have to send in everthing by start of next week so i am panicing a bit will have a look through my bank statements to see if i have any petrol transactions on there but i doubt it as i usually pay with cash, same with food.
I take it you have no receipts that you have had in the past couple of weeks?
I've never had to send any receipts in at all for petrol or food shopping at all.
I'd have thought that they would have known how much things have gone up recently!
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Do they have any original receipts you had to submit (especially for fuel?) This would show the pence per litre on it and you could show how much it has gone up. AS for food - I agree with Jan - surely across the board they could see how general prices have increased.
Try not to panic - if they will not increase the alloeances now due to no receipts see whether they would allow you to keep receipts for the next month and if you can show the general increase would theyl ook at reducing your repayments as it will not be by more than 15% which is thel imit your IP should have before they have to formally go to creditors.
Hope you get it sorted.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com
If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
Hi -- tell them that inflation is running at 4.5 % (they can check that with Dave) and that your expenses have risen accordingly, across the board. Not vey helpful, I know, but they aren't exactly taking a sensible line either!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
will have a look through my bank statements to see if i have any petrol transactions on there but i doubt it as i usually pay with cash, same with food.
