A Real IVA case
The following is taken from a Customer's list of their unsecured debts.
Before the IVA |
|
| Creditor 1 | £16,000 |
| Creditor 2 | £24,134 |
| Creditor 3 | £25,000 |
| Total Debt | £65,134 |
After Accepting the IVA |
|
| Total Debt | £21,420 |
| Monthly repayments | £357 |
Testimonials
Mrs L contacted us with regard to both personal and trade debts that she had incurred whilst trading as a Residential Home. The debts had amounted to over £65,000 and Mrs L could see no way in which these could be repaid currently as the creditors were requesting payments from her that were too high.
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