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T O P I C R E V I E W
StrangeFamous
Posted - 28 April 2011 : 22:31:52 Does anyone know the allowed expenses in an IPA/IPO?
I had read online (for example) that you could allow £54 PCM for month/internet/mobile phone, but when I spoke with the insolvency agency today they said I could only allow £34 PCM. Also housekeeping they said I could only allow £179, but I had read I could allow £209.
Is the guidance/allowances they make publically available?
3 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 01 May 2011 : 18:48:06 There are certain expenses that are allowed in an IVA that won't be allowed in bankruptcy unfortunately.
As Jan has said, you just need to list everything you actually spend.
Posted - 01 May 2011 : 18:44:51 thats what I did, although I found a website that listed the allowances which I used for guidance But the person at the insolvency agency said that I could not allow for things (like "meals at work" and "sports/entertainment") that the document said could be allowed (and I also was allowed to use in my IVA)
Niobe
Posted - 29 April 2011 : 08:51:18 I don't think they are and of course they have changed recently.
I can only suggest that you put down exactly what you spend on everything and the OR will tell you whether it is allowed or not.
Double, double toil and trouble; Fire burn, and cauldron bubble.
