Hi I've had my IVA for over 8 years with euro debt. How should I tackle this extended period ?

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pat.69

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Post by pat.69 » Wed Aug 03, 2016 5:24 pm
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Hi I've had my iva for over 8 year with euro debt.
Obviously it saying 6-7 year at most, how should I tackle this problem please? No late payments or anything like that
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kallis3

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Post by kallis3 » Wed Aug 03, 2016 5:29 pm
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Hi and welcome,

Why is your IVA over this time? Anything to do with NRAM? Are you sure it is an IVA and not a DMP?

Is there a minimum dividend you have to make?

Can you give us some more information please.
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
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Lisa Thomas

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Post by Lisa Thomas » Thu Aug 04, 2016 9:33 am
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Are you sure you're in an IVA?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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size5

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Post by size5 » Thu Aug 04, 2016 10:19 am
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From what you have said, it seems unlikely that you are in an IVA, far more likely that you are in a DMP, or possible even debt reduction scheme.

An easy way to check is of course to ring them, or you can view the online Insolvency Register and search for your name. If you are not listed there, and you should be if you are in an IVA, then that should give you a clue.

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Lisa Thomas

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Post by Lisa Thomas » Thu Aug 04, 2016 11:03 am
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http://www.insolvencydirect.bis.gov.uk/eiir/
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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