advice

[rachellxx39]

Have spoke to our ip today at Clearstart . The proposal is under way . The total debt is £56,000 with a repayment of £320 PER MTH . What does that make it to the pound in repaying the debt .?

[MelanieGiles]

That will depend upon the level of fees the IP is proposing to charge, but I would imagine a dividend of 25p in the £ is likely.

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

[rachellxx39]

i HAVE JUST READ SOMEWHERE THAT YOU HAVE TO BE WORKING TO BE IN AN IVA AND I AM NOT. MY HUSBAND IS FULL TIME . I AM A HOUSEWIFE WITH 3 CHILDREN ! IM CONFUSED AGAIN NOW !SURELY CLEARSTART WOULD HAVE TOLD ME THAT AT THE BEGINING .

[MelanieGiles]

I do a lot of IVA's for housewives supported financially by their husbands, so I am sure yours will be OK.

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

[iva experts]

Hi Rachel,

I just wanted to add that an IVA is still possible eventhough you are currently not working this is due to you looking after your children which is a legitament reason. The creditors may ask that once the children are in school you look for a part-time job.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/