What costs do I need to pay upfront ?

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Michaeld849

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Post by Michaeld849 » Mon Mar 28, 2011 6:24 pm
I have unsecured debts of around £18000.00 I am looking at entering into an IVA, what costs do I need to pay upfront if accepted?
 
 

luluj

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Post by luluj » Mon Mar 28, 2011 6:31 pm
Welcome to the forum. It will depend which company you use as some companies do not ask for up front fees others do ! Most ask for the first months payment to be available on the day of the approval of your IVA !
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"
 
 

Paula.bg

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Post by Paula.bg » Mon Mar 28, 2011 6:33 pm
None if you go with a reputable company. Look on here for a list of reommmended companies. Good luck.
 
 

MrsKnight

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Post by MrsKnight » Mon Mar 28, 2011 6:40 pm
Hi & welcome to the forum from me,

If your having difficulties & want some free impartial advise please take a look at www.iva.com read up on some of the reviews & give 2-3 of the a call to get a clear picture of a suitable solution for you.
Final IVA payment made in April 2013, never ever thought we could do it or get through it but we did! X



An IVA.co.uk Mentor is someone sharing from their experiences of dealing with debt

Lyns x
 
 

kallis3

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Post by kallis3 » Mon Mar 28, 2011 11:24 pm
I know that Mel's company like you to make the first payment when you return your proposal but that's not set in stone. My own IP asked for the first one but as we had no debit card or cheque book at the time then that was impossible.

We just set up a standing order once approved.
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
 
 

Julie.je

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Post by Julie.je » Tue Mar 29, 2011 7:28 am
We didn't pay any up front fees and we had 30 days from our IVA being accepted to make the first payment by direct debit. Good Luck with it all.
 
 

Foggy

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Post by Foggy » Tue Mar 29, 2011 12:34 pm
Julie.je wrote:

We didn't pay any up front fees and we had 30 days from our IVA being accepted to make the first payment by direct debit. Good Luck with it all.
ditto [:)]
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

susieq73

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Post by susieq73 » Tue Mar 29, 2011 12:43 pm
Hi- I have not paid anything to date and was advised ( via Cleardebt) that my first payment will be made within 28 days of the IVA being accepted at the creditor meeting.
Susie
x

IVA Accepted 31st March 2011.
IVA Ends 31st March 2016.
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