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Posted: Tue Apr 15, 2008 10:52 pm
by ts211
do you have to pay a fee for IVA to be sorted out and how much is it approx?
Posted: Tue Apr 15, 2008 10:54 pm
by Lisa2009
You will be charged annual fees but they will be added in your monthly contributions, they do not have to be paid upfront
Posted: Tue Apr 15, 2008 11:41 pm
by MelanieGiles
The IPs fees are generally built into the IVA proposal and drawn out of the money you pay over with the prior approval of your creditors. The fees can vary in line with the specific circumstnaces of your case, but these days are generally based on a percentage of the amount that you pay over.