IVA Limits

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Lazarou

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Post by Lazarou » Sun Apr 17, 2011 9:25 am
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Hi all,

I have been told that debts under £1000 cannot be included in an IVA, is this true?

thanks
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TheMatrix

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Post by TheMatrix » Sun Apr 17, 2011 9:31 am
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I believe all unsecured debts have to be included in a IVA, otherwise it is like favoriting a specific creditor which is not allowed.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
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kallis3

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Post by kallis3 » Sun Apr 17, 2011 9:35 am
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TheMatrix is correct - all unsecured have to be included, no matter how small.
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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Shining

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Post by Shining » Sun Apr 17, 2011 10:31 am
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Have you taken some professional advice Lazarou? Always best to there is no obligation and it's free and case specific., Worth a thought x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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kallis3

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Post by kallis3 » Sun Apr 17, 2011 10:52 am
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Looking at previous posts, Lazarou is already in an IVA.

Lazarou - do you have any debts outside of the IVA?
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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Broke of London

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Post by Broke of London » Sun Apr 17, 2011 11:08 am
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Hi - as has already been said all unsecured debts should be included. Personally, two of my debts which went into the iva were under £1000 - a credit card and an OD.
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Shining

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Post by Shining » Sun Apr 17, 2011 11:40 am
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Ah I see now, really should do my homework x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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kallis3

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Post by kallis3 » Sun Apr 17, 2011 12:07 pm
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I'm the same Lesley!
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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