research into IVA's for a friend

[helen.17]

I am doing some research into IVA's for a friend and i was wondering how long the whole process takes on average from the 1st phone call to the IVA being setup and the monthly Payments being made?

[MelanieGiles]

Hi helen

It differs from case to case, but unless there are any complications you should wait no longer than 8 weeks from your first point of contact with the Insolvency Practitioner.

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

[iva_squirrel]

Good morning Helen,

It ususally takes 6-8 weeks to set up an IVA considering your friend is organised with her/his paperwork. (credit card statements, bank statements, loan agreements,etc.)



Kind regards,


Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
http://www.supersonicsquirrel.net

Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm

[helen.17]

Thank you very much for your speedy response! That helps alot, thank you

Regards,
Helen

[Oliver]

It generally would take between 4-8 weeks.

Best Regards
Oliver

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