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What is the lowest amount in the pound seen in an accepted IVA

Hey carl, there has been a forum member with 19p but there has been one mentioned on here before of 6p.

The ones Viki has mentioned are very few and far between though Carl, I imagine there must be special circumstances to have one that low.

I can claim the 6p in the £ case which was done by me a few years ago whilst employed by one of the Big 4(accountancy practices that is not IVA factories!)

I am paying 11p/£ but thats in my scottish trust deed.

Is it worth the trouble to achieve a 6p/£ return Mel??

It was in the particular case concerned - without boring you it was an IVA linked to a PVA (very rare!) and largely done for the benefit of partnership creditors who also fell into the individual estates of the partners - so they effectively got two bites of the cherry so to speak.