Hi i am selfemployed, i have had just one tax return, according to that my net profit is just under 10k, as my expenses are bit high IVA seems not possible as i have very less to offer to my creditors, my profit this year end is around 13k i think it makes me little bit more to offer to the creditors but its not register with inland revenue as i am paying taxes at the end of Jan, but my account is ready by the accountant.. is there any possiblitis i can be accepted for IVA? if not what should i do , i will appreciate for you advice.
thank you
I believe from a previous post you have already spoken to someone with regard to this? Did they recommend you for an IVA or a DMP?
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
Presumably they are going to look at them so they can point you in the right direction.
You can ring one or two other IP's as well, see what they say.
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
He's got another thread going Melanie on which he says he has £50,000 debt and has credit cards.
His posts are quite confusing though.
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
