Does this qualify us for an IVA

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alan s

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Post by alan s » Sun Jun 22, 2008 7:06 am
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I am married and my own and my wife's debts together total more than £15,000. Does this qualify us for an IVA, or does it have to be considered and entered into seperately?
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Soulgrowth

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Post by Soulgrowth » Sun Jun 22, 2008 8:43 am
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Hi Alan ... welcome to the Forum ... keep in touch as you are amomgst friends and like minded people here [:)]

On the surface it looks like you MIGHT qualify for an IVA but to be able to give you more accurate advice could you provide some details of your total debt and who you owe it to along with your income ... then one of the experts could cast an eye over the figures for you.

All the best to both you and your wife.

Debbie
Debbie
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MelanieGiles

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Post by MelanieGiles » Sun Jun 22, 2008 12:33 pm
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How much are your debts Alan, and how much disposable income do you think you could afford to pay into an IVA each month? Also are you property owners with equity?
Regards, Melanie Giles, Insolvency Practitioner
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