Ask your IP to go through your Income and expenditure again with you as any bills payable will be allocated an allowance. My council tax was never included within an IVA and I just paid each month as per my bill.
Get a thorough understanding of what you need to pay to make sure you IVA will run smoothly.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
If you were not in arrears it will not be in the IVA and there will, as Lesley suggests, be an amount allowing for its payment in your listed expenditure.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Even if you are not in arrears the debt to council tax will be included within the IVA for the first year. The debt falls due on April 6th so unless paid in full on that date there is technically arrears. Your allowance for the payment is paid into the IVA 'pot' until the following April.
It used to be that council tax was only included where there was arrears and in some cases a liability order but this changed following a court case a few months ago.
Thank you Michael. I was not aware of that --- so basically they are treated in much the same way as current years self assessed income tax at the start.
My IVA being a little older it was not included (which would have been awful as I know several people working in my local council ! ).
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Somehow this seems totally wrong - especially as anyone wanting to get an IVA approved in Q4 could be advised to wait until Q1 the following financial year.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Plus they could insist that the next year council tax is paid up front with no allowance to pay in instalments.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
We only include the council tax debt where both parties are entering the IVA or the debt is in a sole name. If there is a non insolvent spouse we allow the debt to be repaid as normal and list it as a preferential creditor in the IVA. It has not been a problem to date and certainly keeps things simpler.
