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Posted: Sat Oct 10, 2015 8:40 am
by clanger
good morning,can anyone give some advise please, my wife has just started a part time job and it pays around £480 a month, she is not involved in my IVA but the IP company want to look at the monthly payments.There are all the normal DD SO from the bank, but what do I do about food and other expenses as they can change and vary from month to month....do I go by the original amounts put down or the current amount or an average amount......just a little confused on which way to turn

Posted: Sat Oct 10, 2015 8:44 am
by kallis3
Hi clanger,

I would put down what you currently spend and see what they say.

Posted: Sat Oct 10, 2015 8:50 am
by clanger
Thank you Kallis3, they want the form back after my wife gets paid at the start of November, so I will get a bank statement and look at what has been paid out and put this down, I just worry that it will look different to the original amount agreed and I could end up worse off and end up paying more....but I have to be honest or they could fail the IVA and I couldn't have that

Posted: Sat Oct 10, 2015 8:56 am
by lifenoteasy
The IVA company will look at the proportion she can now contribute to household expenditure on a % basis.

There are a couple (including Payplan) that take whole of household income into account.