We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Will moving in with my mum affect her IVA
fightingthefear
Posts: 19 Forumite
I have my own debts that I am struggling to pay and am likely to move back in with my mum and will be claiming benefits after I have done so.
My only worry is that this may affect her IVA. I don't know enough about it as I find it all very confusing. She's been on it for nearly 2 years and I don't want to mess anything up for her. So any advice would be greatly appreciated.
My only worry is that this may affect her IVA. I don't know enough about it as I find it all very confusing. She's been on it for nearly 2 years and I don't want to mess anything up for her. So any advice would be greatly appreciated.
0
Comments
-
it won't muck it up exactly, but income and expenditure will change(as it'll be assumed your contributing to household expenses). The result of this will likely be higher repayments, but this should not make her worse off in real terms(as you'd be contributing to household expenses)
Not sure about benefits, but i suspect these will change0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards