IVA with huge debts and little disposable income??

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Grant Thornton

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Post by Grant Thornton » Wed Feb 15, 2012 10:12 am
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Hi Dapple
Welcome to the forum - if you go forward with an IVA this site is a great source of support for the IVA journey.
Good luck,
Karol
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Struzzo39

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Post by Struzzo39 » Wed Feb 15, 2012 11:55 am
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Hi and welcome to the forum, hope you get sorted soon and are soon on your way to becoming debt free x
Steven & Debbie
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MelanieGiles

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Post by MelanieGiles » Thu Feb 16, 2012 12:39 am
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An IVA with a disposable income at £200 for £60k worth of debt may well be viable. I am regularly now getting IVAs accepted with dividends of 5p in the £ or more - so long as the outcome is better than bankruptcy the dividend return should not be a barrier and I am suprised that the debt calculator you have used is giving this indication.
Regards, Melanie Giles, Insolvency Practitioner
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