do i still qualify for an iva

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paul.h

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Post by paul.h » Wed Sep 12, 2007 8:27 pm
i owe 47000, i have just remarried and my wife owns the house outright . do i still qualify for an iva if we have no mortgage
 
 

MelanieGiles

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Post by MelanieGiles » Wed Sep 12, 2007 9:19 pm
Hi paul and welcome to the forum

If you have debts of £47,000, and an ability to make ongoing repayments based upon your disposable income or offer a lump sum settlement then you are eligible for an IVA. How much do you feel you could contribute towards the debts on a monthly basis?

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
Regards, Melanie Giles, Insolvency Practitioner
 
 

iva_squirrel

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Post by iva_squirrel » Fri Sep 14, 2007 12:31 pm
Hi paul.h,

Yes you can qualify for an IVA.
How many creditors do you have?
How much is your disposable income?

Regards,
Michelle P.
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