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Posted: Fri Oct 24, 2008 4:52 pm
by mjkb
what is the minimum earning of the month of a person who wants to apply IVA. such as £800, £1000, or what ?
Posted: Fri Oct 24, 2008 4:55 pm
by kallis3
An IVA will be judged on the amount of disposable income you have left after paying your priority bills, regardless of the amount of money you have coming in.
Posted: Fri Oct 24, 2008 6:26 pm
by MelanieGiles
There is no minimum earning, but most IPs will expect you to have a disposable income of at least £250 per month. There are a few firms who will take lower payments - David's ClearDebt being one I believe.
Posted: Fri Oct 24, 2008 8:14 pm
by james.c
i think their is some one on this forumn who is paying £195 a month
Posted: Fri Oct 24, 2008 9:10 pm
by kabby3
Me I pay £195 per month but I actually pay by Direct debit weekly of £45.
My IVA is with Freeman Jones who have been totally brill.
Karen[:I]
Posted: Sat Oct 25, 2008 1:44 am
by David Mond
Thanks Melanie. The lowest that ClearDebt does is around £150 a month.