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A question about bankruptcy
Comments
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I agree.
An IVA will require a fair monthly payment, I'm not sure how much you had in mind. A rough calculation says £200-220 as a minimum monthly payment.
There is not so much flexibility if you have to give up your job and lower your payments.
But it is a legally binding agreement and stops enforcement action.0 -
Thanks for that Information, I will go and look into that as I could currently make the kind of payment you suggest or perhaps a little higher0
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