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Posted: Tue Feb 13, 2007 7:12 pm
by mark.d
my creditors are mint lloyds cahoot barclays next capital one, how do these companies fair when it comes to setting up a IVA just starting the paperwork this week

Posted: Tue Feb 13, 2007 8:22 pm
by MelanieGiles
Hi markd

Expect to offer a dividend of at least 25p in the £ and, subject to the quality of your IVA proposal, you should stand a good chance of getting it accepted.

Do make sure, however, that you put the very best offer you can on the table - and importantly that you can afford the IVA payments.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk