Hi. I have been paying into an IVA for around 30 months now. Can you tell me how much each month of the amount I pay, which started off at £90 a month and now is £76 a month, how much of this amount is taken by Creditfix please.
In the initial stages, all of it, as agreed by creditors and detailed in the Chairman's Report, will go towards paying the Nominees fees. After that a percentage, typically 15%, again as agreed by creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Foggy wrote:In the initial stages, all of it, as agreed by creditors and detailed in the Chairman's Report, will go towards paying the Nominees fees. After that a percentage, typically 15%, again as agreed by creditors.
