The IVA World - Creditors
Creditors
(or loan sharks)
Creditors are the credit cards, banks and loan companies that loan you money.
These people will ultimately decide whether to accept the
IVA
(in something called a creditors meeting).
For more information see:
IVA Calculator
Action Bar
Write off up to 75% of debt
Government approved
Interest rates frozen
Protection from creditors
Find out if you can do an IVA:
Total debt
(not including mortgage)
£
(number only)
No. of Creditors
(Companies you owe money to)
£
(number only)
Monthly Income
(approx)
£
( number only)
Monthly Expenses
(don't include debt repayments)
£
(number only)
Own your own home?
__
Yes
No
This wizard will tell you whether the IVA is the right solution for you, what the monthly repayments would be and how much of your debt an IVA would write off. If an IVA isn't the right solution then the wizard will recommend 1 of 3 other possible options.
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