About Us VA Companies Do I qualify for an IVA? Enter Forum Enter Forum
IVA Forum
IVA Forum
Home | Profile | Register | Active Topics | Members | Search | FAQ
Username:
Password:
Save Password
Forgot your Password?

 All Forums
 
 IVA Advice Forum
 Surplus Cash
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

tjr82
Just Joined

1 Posts

Posted - 05 Jan 2019 :  22:48:40  Show Profile  Reply with Quote
Hi,

I've just been accepted for an iva via Creditfix. As I now only have one payment each month to cover all creditors I will have surplus money. If I withdraw cash e.g 200pm or buy something nice for a couple of months is that allowed? I do know that CF will need to log on to my Internet banking for the annual review.

Thanks

IVA Adviser
IVA Expert



777 Posts

Posted - 07 Jan 2019 :  09:12:15  Show Profile  Reply with Quote
Welcome to the forum tjr82.

How you spend your money is your business. Your expenditure will however we somewhat restricted by your IVA contribution.

You might be better served by putting a little money away to cover any emergencies that might arise over the next few years.

I am a professionally qualified debt adviser. To contact me about starting a IVA please:?      
Go to Top of Page
  Previous Topic Topic Next Topic  
 New Topic  Reply to Topic
 Printer Friendly
Jump To:
IVA Forum © 2011 - 2018 www.ivaadviceforum.co.uk Go To Top Of Page
Snitz Forums 2000
(c) Channel Active Limited. Company Number: 06412452. Data Protection Registration: Z1332750.
Telephone calls may be monitored or recorded. Authorised and regulated by the Financial Conduct Authority.
IVA Advice Forum, Cardiff House, Priority Business Park, Barry, CF63 2AW. Tel: 02920 435423.