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IVA Help
ollie2008uk
Posts: 132 Forumite
in IVA & DRO
Hi guys,
my partner is considering an IVA. She earns good money but i struggling every month to live after paying back all her debt.
She has a range of debt from credit cards to loans. The credit cards cost £615 on there own and the loans are about £200.
She also pays for almost all the household expenses.
She earns roughly 1700 p/m.
Would she be able to entrer into an IVA?
my partner is considering an IVA. She earns good money but i struggling every month to live after paying back all her debt.
She has a range of debt from credit cards to loans. The credit cards cost £615 on there own and the loans are about £200.
She also pays for almost all the household expenses.
She earns roughly 1700 p/m.
Would she be able to entrer into an IVA?
0
Comments
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She needs to talk through her options with a debt charity who can give independent advice http://www.moneysavingexpert.com/loans/debt-help-plan#help. Also read martin's IVA guide.
If there is any chance she wants to have children or might lose her job, it would not be a suitable option.
Do check if she has PPI or charges she can reclaim as well.
And put her account details into the snowball on www.whatsthecost.com.If you've have not made a mistake, you've made nothing0
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