question category: IVA

Will I have enough money to live if I go for an IVA?
Submitted on: 28th Oct 2008 by Non-Member | Total Answers: 1

How much will I be left with to live on if an IVA is accepted? How poor will I be?

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IVA repayments

You are likely to have to make adjustments to the way you budget and spend money. Budgeting is an important part of any debt solution, including and IVA, and your creditors want to ensure you have enough to live, but not enough to be able to afford regular luxury items like eating out, expensive clothes etc.

 

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Submitted on: 29th Oct 2008 by TA Member

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