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I do Qualify for an IVA - but is it better than
bankruptcy? |
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To qualify for an IVA, your debt needs to be at
least £20000 (there is no upper limit). Also,
you need to be able to afford the monthly
payments.
In summary: during your IVA period you will
definitely have a reasonable amount of money to
live on, but you will not be living in the lap
of luxury. If your IVA is professionally
handled, it should be a smooth and relatively
painless. For many people, an IVA is a real
life-line – without it, their situation would
have been very difficult indeed.
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 Apply Now |
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