Why Dop People Go for DMPs rather than IVAs

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trog

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Post by trog » Sat Jan 19, 2008 11:46 am
Why do people go for DMP rather than IVAs
 
 

MelanieGiles

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Post by MelanieGiles » Sat Jan 19, 2008 12:43 pm
Sometimes they do not owe enought to justify an IVA, or have sufficient income to fund a minimum dividend, or there may be a difficult creditor who has rejected an IVA proposal, or they simply want to carry on paying their debts until they are paid in full.

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

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
 
 

ordinary_world

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Post by ordinary_world » Sat Jan 19, 2008 2:45 pm
Melanie, do people also go into a DMP if their IVA has failed? Or is it always bankruptcy in those circumstances?



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MelanieGiles

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Post by MelanieGiles » Sat Jan 19, 2008 2:49 pm
No - they still have both choices.

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

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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