Do these apply to you?
How do you qualify for an IVA?
- You must have mounting debts of several thousand pounds or more.
- The bulk of your debts must be unsecured
- You must have a regular income
- You are presently employed
- You can supply verification of income
- You have unsecured debts such as the following:-
- Inland revenue
- Vat
- Credit cards
- Hospital or medical bills
- Charge cards
- Mail-Order debts
- Banks
- Overdrafts
- Finance companies
- Personal loans