What is the lowest amount in the pound ?

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carl29

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Post by carl29 » Tue Nov 11, 2008 8:49 pm
What is the lowest amount in the pound seen in an accepted IVA
 
 

Viki.W

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Post by Viki.W » Tue Nov 11, 2008 8:52 pm
Hey carl, there has been a forum member with 19p but there has been one mentioned on here before of 6p.
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
 
 

kallis3

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Post by kallis3 » Tue Nov 11, 2008 8:54 pm
The ones Viki has mentioned are very few and far between though Carl, I imagine there must be special circumstances to have one that low.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

MelanieGiles

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Post by MelanieGiles » Tue Nov 11, 2008 9:11 pm
I can claim the 6p in the £ case which was done by me a few years ago whilst employed by one of the Big 4(accountancy practices that is not IVA factories!)
Regards, Melanie Giles, Insolvency Practitioner
 
 

plasticdaft

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Post by plasticdaft » Tue Nov 11, 2008 11:22 pm
I am paying 11p/£ but thats in my scottish trust deed.

Is it worth the trouble to achieve a 6p/£ return Mel??
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

MelanieGiles

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Post by MelanieGiles » Tue Nov 11, 2008 11:28 pm
It was in the particular case concerned - without boring you it was an IVA linked to a PVA (very rare!) and largely done for the benefit of partnership creditors who also fell into the individual estates of the partners - so they effectively got two bites of the cherry so to speak.
Regards, Melanie Giles, Insolvency Practitioner
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