Author Archives for Amy Sanderson

How large should my debts be before I consider an IVA?


An IVA is used for debt consolidation but it isn’t the only route. If you are struggling to keep up with debt repayments and a debt management plan isn’t the answer because your wages simply don’t meet the demands your debts are making of you, however, then it is quite possibly the right route for you. If your debts are over 15,000 and you have three or more creditors then an insolvency practitioner can put your forward for a IVA.