Page 1 of 1
Posted: Sat Aug 23, 2008 4:08 pm
by vicky.w
i have outstanding loans of approx £25000 and the total payments of them per month is approximately £900 plus my rent of£500 it only leaves me 400 per month to pay bills etc. I have tried to keep up the repayments but am continually going overdrawn and being charged. do i qualify for an IVA?
Posted: Sat Aug 23, 2008 4:10 pm
by Viki.W
Oh my goodness, we have the same name![:0] Welcome to the forum Vicky. How many loans do you have and to which creditors? X
Posted: Sat Aug 23, 2008 5:10 pm
by MelanieGiles
You may well qualify for an IVA, but you ought to take specific advice about the options you have available from an insolvency practitioner.
You will find great support from others who have been through this process on this site - so do keep posting.