What would be the best option for me

3 posts Page 1 of 1
Post Reply
 
 

jimmy.p

User avatar
Posts: 1
Joined: Wed Jan 16, 2008 12:05 am
Location:
Post by jimmy.p » Wed Jan 16, 2008 12:06 am
Quote
I owe £47000What would be the best option for me to address these issues.
approx to 5 creditors (bank and credit cards) i have an income of £1600 per month (after tax + ins), repayments of £900 and personal expenses of £650 approx,
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Wed Jan 16, 2008 12:07 am
Quote
The answer to "best" option can only really come from yourself, but looking at your finances you are able to carry on paying your creditors under normal terms. Are you sure that your personal expenses are only £650 as this seems very low.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

iva experts

User avatar
Posts: 1271
Joined: Thu Apr 20, 2006 5:31 pm
Location:
Post by iva experts » Wed Jan 16, 2008 11:38 am
Quote
Hi Jimmy,

Could you provide more information about your debt situation, Who are your creditors? What is your disposable income (income minus general living expenses, not inc monthly payments)?

Once we have this information we can advise better on what option is best for you.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
Top
Post Reply
3 posts Page 1 of 1
Return to “postings for january”