Sucess rates of IVA

[newbe]

So, now that the paperwork for my case is coming together, what are the sucess rates, pitfalls, stumbling blocks for IVA's , from reading forums etc success rates do seem quite high, upwards of 80 - 90 percent. What are the failings due to,? misinformation? lies when filling out forms?? Regards

[rollercoaster]

i am no expert, but there are a few important things to be aware of. 1. every case is different. 2.be very realistic and truthful about your income and expenditure. 3. if approved expect modifications and think about them carefully before jumping in, if no mods then HURRAH. 4. make sure you understand the equity clause if you are a homeowner 4. DONT STRESS AND WORRY you have made the first step. 5. use this forum for support, there are alot of experts out there (both professional and people in the same boat) no question is too silly. good luck [;)]

[newbe]

Thank you for kind words, I have been truthful and honest and also think that my IP offer ( approx 50p in pound) is fair and affordable.
Thanks again

[Soulgrowth]

Hi newbe ... from experience the pitfalls, downfalls, successes and positive aspects of the 'journey' change and evolve from day to day ... the best advice I could give is to take it all one step at a time and stay in touch with the Forum so that you can seek help, support and advice as and when needed as your journey progresses.

All the best

Debbie