I have debts of over £40000 my income from a badly damaged SIPP as a result of COVID will be dropping massively to around £17k All debt is on interest free credit cards. I have recently sold my caravan for £9500 should this be enough for a full and final IVA
It could be ---- I have seen 'traditional' IVA's, offering a smaller dividend, accepted. You should have a chat to a few firms --- I would suggest avoiding the large conglomerate companies though.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014