IVA Help

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?


  • RAS
    RAS Posts: 32,788 Forumite
    Name Dropper First Anniversary First Post
    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.
    The person who has not made a mistake, has made nothing
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