Do I qualify for an IVA?

By Neil Batty|2018-01-23T05:00:49+00:00January 23rd, 2018|Categories: IVA Qu 1|0 Comments

To qualify for an IVA, you must:

Owe at least £7,000 in unsecured debt to your creditors

Have a sustainable income (this can include employment income, benefits, pension etc)

Be able to afford to monthly payment of at least £50

Reside in England, Wales or Northern Ireland