www.iva.co.uk

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

We are allowed £280.00 per month

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

Hi
£280 per month really is too low for a family of four, the maximum for a single person is £195 per month.
Regards

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

Do you know why Debt Free Direct have said their maximum is £280.00 per month. (This company are really get on my T**S now.)

Payplan said £302 for 2 adults and 1 child but I am going to ask them to review this when I have my first review

hi
mine was agreed at £550 per month with 2 adults and 3 children,

cath

Hi
Interesting that both Payplan and CCCS are funded by the creditors and they have both given the low end allowances ?
Just a coincidence ?
Regards

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.

Sounds like DFD are a little bit low too!!

Our allowance is £290 for food, toiletries and cleaning stuff and that is for three adults. We do manage quite well on that.

Heh Andy very interesting indeed!!!!!

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!