www.iva.co.uk

out standing with HMRC 170k
credit card and loan 50k
can afford monthly £300.00 plus a substential amount appox£35k
how to register for IVA and start dealing with the debt collectors?

Hi
Best thing to do is talk to a few companies , the ones on this site may be a good start.
Others will be along to advise.

Ang

Hi aza and welcome to the forum

I am afraid that your suggested offer will not reach the minimum dividend of 25p in the £ required by most creditors within IVA proceedings.

Can you post more information about your position. What is the history behind running up such a large tax debt, and what assets do you have? Where will the £35,000 be coming from?




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