www.iva.co.uk

Happy New Year everyone!
I need advice with regards to saving:)
So, additional payment made in December, now (patiently) waiting for completion certificate...
Are we allowed to save the money we usually pay to our IVA in i.e. savings account? We don’t have any savings at all and we just thought if we can save the money each month then will be a good start for this year.
Are allowed to do that? Any advice please? Many thanks.

Yes you can - you're finished paying now so your money is your own.

Fri Jan 03, 2020 3:20 pmkallis3 wrote:

Yes you can - you're finished paying now so your money is your own.

Thanks kallis3

Until you get the certificate the IVA can still have a call on windfalls and inheritances, as well as equity if you sell the house, but earned income is all yours to do with as you will.