www.iva.co.uk

hi everyone its my first review and i have got a small wage rise but petrol and food have gone up and my wage rise has gone with the increase in bill money will this matter has they is no spare money from the wage rise will they be expecting to keep all the wage rise.

As long as you can demonstrate that the wage rise is being used to offset the increased living costs then they should not increase your payments. They should send out an Income & expenditure form for you to fill in and return to them and you'll need to put down the wage increase and any changes to your household expenditure.

thanks i have just been doing my review and they is just £2.78 surplus pput my food up £20 and petrol up £10 not been too greedy better chance they will except never missed any or been late and sent 50% of overtime i am with accuma been ok up to know

Hi Duff,

I dont think you will have too many problems with your review, it doesn't seem like your expenses have gone up dramatically and these can be offset by you increased income. Your creditors and your I.P dont expect you to go for 5 years without any changes.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/