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dth
- Posts: 1
- Joined: Fri Nov 07, 2008 1:06 pm
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by
dth » Fri Nov 07, 2008 1:06 pm
Hi
I am a graduate who has thee different student overdrafts with a combined debt of £6, 750. Would i qualify for an IVA?
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Lisa2009
- Posts: 5411
- Joined: Thu Aug 16, 2007 12:17 pm
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Hi and welcome to the forum.
You would not qualify for an IVA as your debts are too low.
Perhaps a Debt Management Plan would be better for you.
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liberta
- Posts: 233
- Joined: Thu Oct 23, 2008 3:35 pm
- Location: United Kingdom
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Hi dth and welcome.
Do you have any other debts at all, if not Mrs Skint is correct.
However if you have only the three creditors it may be easier for you to negotiate affordable payments with them directly.
Kind regards, Elizabeth Pywowarczuk, Insolvency Practitioner.
If you would like me to advise you about an IVA and if appropriate propose one for you, please visit my website at
www.liberta.uk.com