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I have been living in the States for 9 years. My husband moved out 5 years ago and I've been using credit cards, plus small income to live. I have credit card debts in the UK of 26K as well as credit card debt in the US. Our divorce was final three weeks ago and I was awarded no spousal maintenance. I would like to file an IVA in the UK to manage the credit card debt in England. Any advice welcome. I have not yet defaulted, but minimum payment are due in two weeks and I have no money to cover. What is the best thing to do?

Hi pl and a warm "Stateside" welcome to the forum

I am afraid that you will be unable to apply for an IVA in the UK, as you have no residency over here, however the US have a very similar procedure available under Chapter 13 of US bankruptcy law. I suggest that you contact an attorney who specialises in this work for further advice on this procedure.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk