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Posted: Mon Oct 24, 2016 7:52 pm
by Lisa.83
I am looking at a iva with harrington brooks, I am aware the biggest creditor has vote against, if after the creditors meeting its rejected am.I able to seek a dro
Posted: Mon Oct 24, 2016 8:49 pm
by Foggy
If you qualify for a DRO your IP should have told you this as it would probably be a better option than an IVA. Have you looked into whether you do qualify or not ?
Posted: Tue Oct 25, 2016 8:54 am
by Michael Peoples
It may be difficult to apply for a DRO when you must show a surplus income of less than £50 if you were proposing to pay more than that in an IVA. You should consider speaking to the CAB who may be able to help.
Posted: Tue Oct 25, 2016 9:21 am
by kallis3
Hi and welcome,
How much are your total debts and do you have any assets to protect?
Posted: Tue Oct 25, 2016 9:56 am
by Lisa Thomas
If you qualify for a DRO can I ask why you decided to go down the IVA route instead?
Posted: Tue Oct 25, 2016 9:57 am
by Lisa Thomas