how to register for IVA ?

3 posts Page 1 of 1
Post Reply
 
 

aza

User avatar
Posts: 1
Joined: Thu Apr 12, 2007 7:14 am
Location:
Post by aza » Thu Apr 12, 2007 7:15 am
Quote
out standing with HMRC 170k
credit card and loan 50k
can afford monthly £300.00 plus a substential amount appox£35k
how to register for IVA and start dealing with the debt collectors?
Top
 
 

aguise

User avatar
Posts: 3907
Joined: Tue Jan 23, 2007 11:24 am
Location: United Kingdom
Post by aguise » Thu Apr 12, 2007 7:44 am
Quote
Hi
Best thing to do is talk to a few companies , the ones on this site may be a good start.
Others will be along to advise.

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

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Apr 12, 2007 8:12 am
Quote
Hi aza and welcome to the forum

I am afraid that your suggested offer will not reach the minimum dividend of 25p in the £ required by most creditors within IVA proceedings.

Can you post more information about your position. What is the history behind running up such a large tax debt, and what assets do you have? Where will the £35,000 be coming from?




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
Top
Post Reply
3 posts Page 1 of 1
Return to “IVA postbag for april”