These days there are not really any set criteria for being able to propose an IVA, but it would be helpful if you could let us know how much you owe to the two credit cards.
The mortgage cannot be included in the IVA, as it is secured against your property and thus regular mortgage payments will need to be maintained on that account.
How much do you feel that you could afford to offer to creditors on a monthly basis, having allowed for all of your houseshold and general expenditure?
How much do you owe in total to your unsecured debts?
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
Having read your post on the no smoking thread, it would appear that you are unemployed. If this is the case then an IVA would not be possible at the moment. Are you keeping up with your mortgage payments?
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
Hi
It may be worth looking at making token payments to your card companies and explaining your situation.
Once you are back at work you could look at your options again
Good luck
Regards
