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Posted: Fri Nov 07, 2008 1:06 pm
by dth
Hi
I am a graduate who has thee different student overdrafts with a combined debt of £6, 750. Would i qualify for an IVA?
Posted: Fri Nov 07, 2008 1:12 pm
by Lisa2009
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.
Posted: Fri Nov 07, 2008 2:29 pm
by liberta
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.