I've seen less being accepted but higher ones being rejected. You need to speak to your IP.
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
It will depend on the mix of creditors ( some might want more than others and it depends on their voting power ---- bigger debt gives more voting power). Like Kallis I have seen offers at this level accepted, so it has a reasonable chance.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Its based on your affordability. IVAs are individual, and what might be deemed low for one isn't for another. Your circumstances are taken into account and considered by creditors.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
IVA's are being accepted but, as luluj says, each is individual and so nobody can say which will be accepted. It is down to 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. http://kallis3.blogs.iva.co.uk
No higher or lower than anyone else. You will have to wait and see. Nobody can say which way the vote will go. The one plus is that Stepchange would not put your offer forward unless they thought it would be accepted.
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
I don't know. It is all down to voting on the day.
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
