Page 1 of 1

Are personal independent payments meant to be used as part of my IVA ?

Posted: Sun Nov 26, 2017 12:40 am
by lynne251
I have personal independent payments, this is for my care needs, is this money meant to be used as part of my i.v.ar

Re: Are personal independent payments meant to be used as part of my IVA ?

Posted: Sun Nov 26, 2017 8:49 am
by kallis3
Hi,

It is classed as income but should be offset against any needs you have.

Re: Are personal independent payments meant to be used as part of my IVA ?

Posted: Sun Nov 26, 2017 9:56 am
by Foggy
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.