www.iva.co.uk

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?

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 !

None if you go with a reputable company. Look on here for a list of reommmended companies. Good luck.

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.

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.

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.

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 [:)]

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.