It is classed as income but should be offset against any needs you have.
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
As Kallis says, PIP is included as income, but most IP's offset it in the expenses column and allocate it to cover the expenses it is designed to cover. If you are just in the process of setting up an IVA and the Nominee doesn't do this, go to a different firm who will.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
