Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
My IVA is 6 years, which I found difficult to stomach initially. My dividend over 5 years was 68p/£ but at creditors meeting this was upped to 6 years and a dividend of with the enforced extra year is now £84p.
As I will not be able to re-mortgage I will have an extra year payment so 7 years in total and my divident will be exactly 100/£.
Obviously if I take any payment breaks or have to reduce my monthly payment at any time I will have to keep paying beyond 7 years.
