As far as starting an Individual voluntary arrangement is concerned, it can indeed be a
rather daunting task. However, being fully armed with the relevant information
can certainly go a long way in making your job a lot easier. Here are a few
tips you should have at the back of your mind
How
to keep your IVA on track
·
Ensure you go through the budget and review letter carefully
You must understand that your budget was
compiled with a view to assist you in ensuring that your living expenses are
covered over the course of your agreement. Make use of this with a view to
getting your money managed.
·
Be watchful with your budget
Even after your agreement must have been
approved, it is imperative that you keep track of any variation, which may
occur as far as your expenditures are considered. Coming up with a budget can
certainly help go a long way in giving you a good sense of control as regards
your overall spending
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