how much has IVA cost on about 46k

[losing our heads]

hi all just wondering on average how much people have payed for there iva to be done we have debts af about 46k just looking into whats others have payed?

thanks to all at this website who have replied to my constant [?][?][?][?]

[MelanieGiles]

You don't actually pay anything - the costs are funded by your creditors. This is done by them agreeing to you paying ongoing payments and the IP's fees being then drawn out of that money. If the IP charged you nothing at all, you would still make the same level of monthly contributions.

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

[steve532]

Morning,
There is no average as its says on the tin Individual, Basically its your income minus ALL your outgoings, expenses etc, thats what you can offer your creditors, so as you can see this can vary by hundreds of pounds a month, the minimum is £200 a month and a ratio on 25p in the £ of ur debt paid back, BUT some creditors require 40p/£. Hope this is off some help

steve
edited.
SORRY TOTALLY MISREAD YOUR QUESTION

[losing our heads]

oh i see now melanie well that helps lots i had read that some payed 5k plus vat but that one assumes the crediters pay out of our money that we give to them to pay debts off is that right? i thought after we payed a iva them we would pay for the ip services that had arranged it for us on top at the end of the 5 years

[Adam Davies]

Hi
The cost of the IVA is included in your monthly payments and this monthly payment "should" be same regardless of the IVA provider that you choose
Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp