what do i do

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chy1972

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Post by chy1972 » Tue Apr 01, 2008 8:50 pm
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hi i am new and just need a bit of advice, i currently have 98k secured on my property and 46700 of unsecured with a surplus income of £353.00 do you think i will be accepted for an iva

thanks
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carlmcmullen

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Post by carlmcmullen » Tue Apr 01, 2008 8:58 pm
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Hi,


With a disoposable income of that level, yes i would say there a reasonable chance of your IVA being accepted.

However, how much is your property worth, and who are your creditors ?
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MelanieGiles

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Post by MelanieGiles » Tue Apr 01, 2008 10:35 pm
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Hi there and welcome to the forum

In order to take your enquiry further, you really ought to have a chat with an insolvency practitioner who can help you to appraise your financial situation and advise you as to the options available to you - as there may be several options.
Regards, Melanie Giles, Insolvency Practitioner
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