I have 4 IVA's due to credit cards/loans

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Post by Peter.32 » Tue Aug 17, 2010 10:10 am
I have 4 IVA's due to credit cards/loans, and have been paying them for 6 years. On website it states they finish at 5. I would like to know what the procedure is, or do I have to keep paying them?

Michael Peoples

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Post by Michael Peoples » Tue Aug 17, 2010 10:14 am
Hi Peter and welcome to the Forum.
You can only have one IVA running at any one time so whatever you are paying are not IVAs.
Can you post a few more details please?
Michael Peoples | McCambridge Duffy Insolvency Practitioners
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com


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Post by kallis3 » Tue Aug 17, 2010 11:28 am
Welcome from me as well.

As Michael says, you can only have one IVA running. Have you been using a company to help you, or did you make your own arrangments with the creditors?
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.

Adam Davies

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Post by Adam Davies » Tue Aug 17, 2010 12:19 pm
Could you be in a debt management plan ?
Andam Davies
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