average penny in the pound for creditors?

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lindy.l

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Post by lindy.l » Fri Jul 25, 2008 11:49 am
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Please could somebody advise me roughly what is the average penny in the pound for creditors if they accept a iva ?
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MelanieGiles

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Post by MelanieGiles » Fri Jul 25, 2008 11:57 am
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Hi lindy and welcome to the forum

I think it is about 32p in the £, but this might now be reducing due to the removal of hurdle rates.
Regards, Melanie Giles, Insolvency Practitioner
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