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Posted: Wed May 20, 2009 8:39 pm
by owa
The caller would like to know what allowances he is allowed.

Posted: Wed May 20, 2009 8:41 pm
by ivas4us
Welocmoe to the forum. Allowances are different for each individuals circumstances. You would need to speak to an IP and discuss all your details for some free advice. If you look at www.iva.com there are reviews of firms that can offer some advice.

Posted: Wed May 20, 2009 8:42 pm
by MelanieGiles
Hi there and welcome to the forum

Could you explain exactly what advice you are looking for?

Posted: Wed May 20, 2009 8:44 pm
by LoneRanger
Hi and welcome

There are guidlines of allowances during an IVA but these are not published by cccs. All expenditure should be listed and then an IP would discuss it and advise as necessary.

Posted: Thu May 21, 2009 8:01 am
by David Mond
owa wrote:

The caller would like to know what allowances he is allowed.
You need to have a chat with an IP and give him/her details of all your personal and financial circumstances and particulars.

They will then explain whether your expenditure falls within the guidelines that creditors expect if an IVA is the appropriate way forward for you. These guidelines are prepared by CCCS or Money Advice Trusts Common Financial Statements.

Visit www.iva.com for reviews on firms and practitioners and select one or two to have a chat with.

They will give you the appropriate advice and it is free.

Posted: Thu May 21, 2009 8:34 am
by Skippy
You need to put down exactly what you spend as there's no point in leaving yourself short. If your expenditure is above the CCCS guidelines but there is good reason for it, a good IP will explain this in the proposal.