Hi
Soneyse2t5 quote "The whole idea of IVA is debts are written off, thats their atraction, or why bother entering into one and paying 100% debt and fees - its legal too. I love it"
You have a strange view of IVAs with even stranger facts and figures.
The attraction of an IVA is that it allows you to repay an affordable amount for a set period with the security that your creditors will stop all interest,charges and contact.
Your other quote "If you have property, there's virtually little written off. " is just simply wrong.
Please keep statements factual,or at least reasonably factual.
Andy Davie
IVA.co.uk Spokesperson
About me:
http://www.iva.co.uk/andy_davie_profile.asp
IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp