on adverage, how much do you pay a month

Get expert opinion. This is the place for new questions to be posted.
59 posts Page 1 of 4
 
 

patricia.30

User avatar
Posts: 6
Joined: Thu Jul 22, 2010 5:04 pm

Post by patricia.30 » Sat Jul 24, 2010 8:02 pm
on adverage, how much do you pay a month when entered into a iva?
 
 

kallis3

User avatar
Forum Expert
Posts: 76050
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jul 24, 2010 8:06 pm
Hi,

It all depends upon your disposable income after your priority bills are paid.

Each IVA is individual.
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
 
 

silverlining

User avatar
Posts: 32
Joined: Mon Nov 02, 2009 11:23 pm
Location:

Post by silverlining » Sat Jul 24, 2010 8:06 pm
It depends on what you have left from your income when you have covered all your expenses. Mine was £290. I have seen higher figures but it truly depends on your income and necessary expenditure.
 
 

silverlining

User avatar
Posts: 32
Joined: Mon Nov 02, 2009 11:23 pm
Location:

Post by silverlining » Sat Jul 24, 2010 8:08 pm
blimey kallis we posted simultaneously. hehe
 
 

kallis3

User avatar
Forum Expert
Posts: 76050
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jul 24, 2010 8:12 pm
[:D][:D][:D]
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

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Sun Jul 25, 2010 12:39 am
The average contribution in my practice runs at around £350 per month.
Regards, Melanie Giles, Insolvency Practitioner
 
 

size5

User avatar
Industry Expert
Posts: 3091
Joined: Fri Nov 23, 2007 7:22 pm

Post by size5 » Sun Jul 25, 2010 1:11 am
£350 as an average Melanie?

I would not be surprised to find that that was one of the higher averages across the whole of the industry.

Regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself

Follow my tweets at http://twitter.com/debtmastersize5
 
 

dw1983

User avatar
Posts: 220
Joined: Thu Jun 03, 2010 7:54 pm
Location: United Kingdom

Post by dw1983 » Sun Jul 25, 2010 1:15 am
I pay £477 seems like a lot now
Iva completed
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Sun Jul 25, 2010 1:15 am
It's true Mike - We do quite a lot of higher contribution cases, and as you know don't do a lot of low ones. I guess this helps to keep the average at a higher rate than some of the larger firms.
Regards, Melanie Giles, Insolvency Practitioner
 
 

relieved33

User avatar
Posts: 1166
Joined: Mon May 18, 2009 7:22 pm
Location:

Post by relieved33 » Sun Jul 25, 2010 7:18 am
we're helping to keep the average at cleardebt up then £717 for hubby!!
 
 

kallis3

User avatar
Forum Expert
Posts: 76050
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sun Jul 25, 2010 8:18 am
Mine is £375 and hubby pays £240.
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
 
 

angelrainbow

User avatar
Posts: 1104
Joined: Fri Aug 01, 2008 7:26 pm
Location: United Kingdom

Post by angelrainbow » Sun Jul 25, 2010 8:45 am
Hubby pays £555
Completion Certificate received September 2012.
 
 

Julie

User avatar
Posts: 9503
Joined: Thu Feb 14, 2008 10:56 pm
Location: United Kingdom

Post by Julie » Sun Jul 25, 2010 9:45 am
Hubby's was £900+ [:0]
 
 

Waltons

User avatar
Posts: 149
Joined: Thu Feb 04, 2010 4:58 pm
Location: United Kingdom

Post by Waltons » Sun Jul 25, 2010 9:51 am
If ours goes through tomorrow, it'll be at £870. Better than £3500 a month tho...[:0]
 
 

kallis3

User avatar
Forum Expert
Posts: 76050
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sun Jul 25, 2010 10:31 am
Fingers crossed!
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
59 posts Page 1 of 4
Return to “Ask IVA Forum and Industry experts”