well we have sent all our paperwork off to our ip wat happens now?
also i been reading on here people unemployed cant have ivas ~ well myself and hubby are not working, hubby has a sholder injury so i look after him and 4 kids but our ip said we will be able to get iva as he is on injury benefit now i am confused!
An iva is decided upon affordability. As long as you have enough disposable income once your priority bills have been paid then an IVA can be proposed.
I'm sure your IP will be putting your best offer forward and wouldn't have accepted you if they didn't think there was a good chance of it being accepted.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Jan is right. Some creditors have a problem with IVAs that are reliant on means tested benefits but affordability is the most important issue and your IP will have addressed that. Good luck with the proposal.
