Can unemployed start IVA?

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77dept

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Post by 77dept » Thu Jun 21, 2007 8:00 pm
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Can unemployed start IVA?

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aguise

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Post by aguise » Thu Jun 21, 2007 8:10 pm
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Hi There
It is not possible to propose an iva if you dont have any disposable income, you need a steady income to make payments and unemployment would not provide enough.

Ang
Please visit my blog at http://aguise.blogs.iva.co.uk/
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MelanieGiles

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Post by MelanieGiles » Thu Jun 21, 2007 10:11 pm
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But if a family member had the opportunity to provide funding for an IVA by way of a lump- sum, an IVA could be possible for you.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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iva_squirrel

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Post by iva_squirrel » Sat Jun 23, 2007 2:51 pm
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Hello,

If you are unemployed you will not be allowed to do an IVA. I amfraid that the rules of an IVA state that you must not be unemployed. However there are other debt solutions such as debt management plan and bankruptcy. Have you considered those options?

Kind regards,

Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
http://www.supersonicsquirrel.net

Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm
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