I don't think there is a maximum - it's all about how much you can afford to repay and whether the creditors accept that level of repayment in preference to bankruptcy.
Agree with Vince - there is no maximum at all. Have a chat with one or two experts via www.iva.com. The companies on there all have reviews and you can get free advice from them.
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 Tina - welcome to the forum. How much debt do you have? as the others say, there is no limit but is depends on your affordability and overall circumstances to see if an IVa is viable. Any of the experts will talk through the options with you once they know more about your situation.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com
If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
No limit as i understand, i remember neil Morrissey getting one for 2.5 million a few years ago so skys the limit i guess as long as the dividend repayed is acceptable by the creditors.
IVA completion and certificate received 08/10/2012!!!
Hi - there's a list of firms at www.iva.com with customer reviews. Speak to a couple to compare advice and see what they say about all the debt solutions available to you x
