IVA was approved

[aguise]

Hi OW
We also have what could be classed as a joint iva, not sure how it works,but all our debts joint and individual are being paid back with one payment. I think you individually have to get 75% of the votes each. That is why a couple of times I have seen posts where one has got enough and the other hasnt which makes it difficult.
I am sure Melanie or someone quite knows how it works, but it is possible but is not an actual joint iva,more too running side by side.
Hope that helps

Ang

[Adam Davies]

Hi O_W
There is no such thing as a joint IVA,after all its an "Individual Voluntry Arrangement",however it is common to have IVAs that are proposed seperately but financed with one monthly payment amd administrated on a joint basis by your IP.They are joint in terms of disposible income and fees but are proposed seperatly and each must gain 75% of votes cast, by value ,on debts that belong to them or are joint.
Hope this explains it


Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp

[Adam Davies]

Aguise
You spot on again !!!
regards

Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp

[aguise]

Thanks Andy
More or less what I was trying to say[:)]

[ordinary_world]

Superb, many thanks Ang and Andy - its much clearer now!

Best

OW

- 'I wont cry for yesterday 'cause there's an ordinary world somehow I have to find...'