I have recently applied for IVA through national debtline. SO forms were sent back to them and now waiting for IP Company to contact me. When I filled the forms I have put the car as my only asset. One of the reasons I am in debt is share dealing (CFD). Learnt my lesson. Anyway when I lost the money...

Hi

Regarding assets, my wife got some share certificates which she got from her father. Current value about £1000. Do I need to disclose this during my IVA.

Hi Size5

Its going to be single IVA not a joint one. As all the debt are in my name and my wife doesnt work.

Hi Thanks for the info so far. I am confused now. When I contacted National Debt helpline and went through budget, they are suggesting that because I only got 150/170 pounds per month, I should go for DMP. Because they are saying that they dont normally recommend IVA if we cant pay more than £200. A...

Thanks Kazza

Hi Lesly

Thanks for the reply. I do not own any property. So no assets to include.
But not sure what sort of % creditors would agree as a minimum....

Hi National debtline has recommended me for an IVA and I have also spoken to another company who suggested the same.I have around £35000 debt and I can only pay around £150 a month, which in five years will be £9000. I am worried if this IVA would be agreed as it only pays off about 15% of the debt,...