on adverage, how much do you pay a month

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MelanieGiles

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Post by MelanieGiles » Sun Jul 25, 2010 10:32 am
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Fingers all crossed this end!
Regards, Melanie Giles, Insolvency Practitioner
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ThriftyWitch

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Post by ThriftyWitch » Sun Jul 25, 2010 10:38 am
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Worried now. Our joint disposable income is around £300! We have roughly 31k worth of debt. My income is really low, I really only earn pocket money compared to my hubby, does that mean I could be rejected and my hubby accepted? Or both rejected as our disposable is so low[:(]
Trying to be thrifty!
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Julie

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Post by Julie » Sun Jul 25, 2010 10:54 am
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No don't worry thrifywitch - there are all different amounts of repayments. Your IP wouldn't have proposed an IVA if they didn't think it had a great chance of being approved.

There have been lower payments than yours accepted.
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ThriftyWitch

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Post by ThriftyWitch » Sun Jul 25, 2010 10:57 am
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Thanks Julie - my IP is Melanie and her team, so I have every faith. Im just at that stage im letting every little detail worry me.
Trying to be thrifty!
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dw1983

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Post by dw1983 » Sun Jul 25, 2010 10:58 am
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Good luck for tomorrow
Iva completed
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kallis3

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Post by kallis3 » Sun Jul 25, 2010 11:03 am
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Your DI is fine and your debt is low compared with some. Mine is over 80k.

You have a great IP working for you and I'm sure everything will be fine.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Endsmeet

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Post by Endsmeet » Sun Jul 25, 2010 11:40 am
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I'm paying 918 GBP a month on a 75k total debt
Last edited by Endsmeet on Sun Jul 25, 2010 11:41 am, edited 1 time in total.
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kallis3

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Post by kallis3 » Sun Jul 25, 2010 11:58 am
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It's all very individual and depends on your circumstances, income and DI.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Endsmeet

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Post by Endsmeet » Sun Jul 25, 2010 12:14 pm
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Thats why its called an IVA and its certainly best to phone a few companies before you make a decision
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kallis3

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Post by kallis3 » Sun Jul 25, 2010 12:22 pm
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Exactly!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Endsmeet

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Post by Endsmeet » Sun Jul 25, 2010 12:25 pm
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Which I didn't as I found this forum after I entered into my IVA
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kallis3

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Post by kallis3 » Sun Jul 25, 2010 12:43 pm
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I found it just before entering the IVA, but was happy with the service from Payplan, although I would have chosen a different IP if I had found this forum first.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Endsmeet

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Post by Endsmeet » Sun Jul 25, 2010 12:52 pm
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Yeh, I reckon that I would have picked a different company too.
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plasticdaft

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Post by plasticdaft » Sun Jul 25, 2010 1:13 pm
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Not really a relevant question as others have said its all about what is affordable but I am surprised at Mels average case total of £350 a month. I thought it would be much higher,nearer 500-600.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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luluj

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Post by luluj » Sun Jul 25, 2010 1:22 pm
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We are paying £1270 on a debt of £74k !!
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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