Page 1 of 1

Posted: Fri Mar 20, 2009 5:40 am
by thewds
Hi
i would appreciate your advice
i am a sole trader and about to submit to an IVA i am on wft credits to top up my low income i have no assetts i am a tennant and own lloyds tsb almost 40.000 of a 75.000 in unsecured loan
if i kept my business as it would generate a larger income once i am on a sensible payment plan which in turn would top up my iva payment..... do you think it will be accepted

Posted: Fri Mar 20, 2009 8:04 am
by David Mond
You would need to submit details of all your personal and business debts plus copies of your business accounts and cash flow/budget projections to an IP before any advice could be given. Visit www.iva.com and see reviews of practitioners and select one or two to have a chat. The advice is free and you will get the answer.