average ip charges for iva ?

3 posts Page 1 of 1
Post Reply
 
 

depressed

User avatar
Posts: 93
Joined: Mon Nov 12, 2007 10:32 am
Location:
Post by depressed » Thu Feb 07, 2008 1:01 pm
Quote
hi just trying to work out roughly what we will be offering in the £1 to our creditors my husband and i are offering a lump sum one off payment but we are unsure of ip charges at the mo ,will we both be charged or just one set amount between us ? what is an average amount ? for both of us ? thankyou .
our proposal hasnt been drawn up yet will it tell us on that ?
Top
 
 

caraf

User avatar
Posts: 645
Joined: Sat Nov 24, 2007 10:25 pm
Location: United Kingdom
Post by caraf » Thu Feb 07, 2008 1:23 pm
Quote
The IP fees will be in your proposal.
We have a interlocking IVA, our nonimee fee is 2800.00 for both and ongoing costs are 15% of money they receive.
My fees were modified down at the meeting
53 down 7 to go !!
Cant wait till December 2012
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Sat Feb 09, 2008 8:30 pm
Quote
As a general rule of thumb, work on £2,000 plus VAT for the nominee's fee and then 15% plus VAT of all realisations by way of supervisory fees.

These are levels stipulated by creditors and not IPs I hasten to add!
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
3 posts Page 1 of 1
Return to “postings for february”