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  • Circumstances And Criteria For An Iva Eligibility.
    By: Patrick B | - Who Is Eligible For an IVA?
    IVA eligibility depends on your personal and financial circumstances. In general terms, your personal debts should be over 15,000 and spread among 3 or more different creditors. You must be in a position to make reasonable monthly payments to your creditors. The level of your monthly contribution will depend on the amount of your debt and the surplus income available to you. You will usually need to be able to afford at least 250 a month.


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