IVA's

thewad

For CC's to agree to an IVA what %age of the debt do they like to see being paid back each month?
Currently owe approx 60K on 5 cards and am struggling a bit due to the the phone not ringing with work anymore.
Do they require so much per £1000 or something?
Could afford about £700 per month at the moment but once work starts coming in could possibly up it to about £1000.

John

maxmycardagain

are you going thru an agent? if so leave it to them to sort

thewad

top of the page

MIVAA

Sorry thewad,

by saying 'top of the page' do you mean CCCS where you said CCs ?

MIVAA

doelani

thewad wrote: »

For CC's to agree to an IVA what %age of the debt do they like to see being paid back each month?
Currently owe approx 60K on 5 cards and am struggling a bit due to the the phone not ringing with work anymore.
Do they require so much per £1000 or something?
Could afford about £700 per month at the moment but once work starts coming in could possibly up it to about £1000.

John

have you spoken to any of the debt charities yet ? Also do you have a home to protect or a job ? An IVA is not suitable for everyone.