www.iva.co.uk

Hi, sorry, I've got another question. Two of my bank loans (total £9,000) are due to be paid off in 2 1/2 years time. So a quarter of my debt isn't really that long-term. Is this something the creditors would take into account when IVA voting?

Probably not - if you are insolvent and cannot pay your debts when they fall due, you fit the criteria for an IVA, regardless of the length of time left on the loans.