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Posted: Tue Jun 12, 2007 3:06 pm
by asac.
What is the minumum amount of surplus income required for an OVA
Posted: Tue Jun 12, 2007 3:18 pm
by MelanieGiles
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
Posted: Tue Jun 12, 2007 4:07 pm
by Oliver
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
Posted: Tue Jun 12, 2007 9:29 pm
by Adam Davies
Hi
Payplan had an IVA proposal accepted on payments of £160 per month[over the full IVA term] only last week.
A one off ???
Regards
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