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Posted: Mon Feb 18, 2008 12:52 pm
by sfalcus
Hi,

After filtering through i am surprised at the rate of failure for IVA's

Mine was accepted with 100% with an offer of 27p per Pound owing £37000.

I guess i was lucky!

Posted: Mon Feb 18, 2008 1:25 pm
by shazzles
hello! What were your repayments per month if you dont me asking..

Posted: Mon Feb 18, 2008 2:11 pm
by sfalcus
£272 per month

figures above are not 100% accurate but are around the correct sums.

Posted: Mon Feb 18, 2008 3:30 pm
by MelanieGiles
Over 80% of IVAs which are presented are actually accepted, so I am not sure where you are getting your failure statistics from - unless you feel that less than 20% is very high!

Posted: Mon Feb 18, 2008 3:39 pm
by sfalcus
i am going off what i have read simply on threads in this forum, not total official statistics. i noticed three or four occurances that the p per £ figure was better than mine.

Posted: Mon Feb 18, 2008 6:58 pm
by Lisa2009
A lot depends on who your creditors are as some have quite strict hurdle rates.