minumum amount of surplus income

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asac.

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Post by asac. » Tue Jun 12, 2007 3:06 pm
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What is the minumum amount of surplus income required for an OVA
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MelanieGiles

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Post by MelanieGiles » Tue Jun 12, 2007 3:18 pm
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It varies from practitioner to practitioner, but my personal feeling is that £200 is the minimum contribution I would feel makes an IVA viable.

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
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Oliver

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Post by Oliver » Tue Jun 12, 2007 4:07 pm
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We would usually look at cases with a minimum of £200 Disopsable Income also.

This figure could reduce if there was extra money to be added within the IVA i.e. a car HP that finished within the IVA or an equity release etc...

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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Adam Davies

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Post by Adam Davies » Tue Jun 12, 2007 9:29 pm
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Hi
Payplan had an IVA proposal accepted on payments of £160 per month[over the full IVA term] only last week.
A one off ???
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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
Andam Davies
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