{"id":14722,"date":"2023-06-07T06:49:47","date_gmt":"2023-06-07T06:49:47","guid":{"rendered":"https:\/\/bankruptcyservices.co.uk\/?page_id=14722"},"modified":"2024-01-08T18:34:44","modified_gmt":"2024-01-08T18:34:44","slug":"iva-right-for-me","status":"publish","type":"page","link":"https:\/\/bankruptcyservices.co.uk\/index.php\/iva-right-for-me\/","title":{"rendered":"Is an IVA Right for You?"},"content":{"rendered":"
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f you have over \u00a315,000 debts and are currently struggling to pay your debts when they fall due then you are technically insolvent. There’s a certain criteria that you will have to meet to be accepted for an IVA.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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  • You need to be a resident in England, Wales or Northern Ireland<\/li>\n
  • Need to be insolvent (can not afford to pay your debts when they fall due)<\/li>\n
  • Have unsecured debts over \u00a315,000 or more<\/li>\n
  • You need to have a stable income (in order to make payments on the agreement)<\/li>\n<\/ul>\n<\/div>\n
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