im a student with 9,000 debt

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Post by bryan00 » Tue Aug 24, 2010 10:59 am
im a student with 9,000 debt this does not include my student loans would i be able to get a iva


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Post by kallis3 » Tue Aug 24, 2010 5:04 pm
Hi Bryan,

With that level of debt you would be unlikely to get an IVA. Your student loan wouldn't be covered either.

If you have no assets and less than £50 a month disposable income after your priority bills have been paid, you could consider a debt relief order, or if you are working part time a debt management plan might be an option.

I would speak to a professional. Visit for a list of companies and reviews. Give one or two a ring and you will receive free and impartial advice.
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.
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