- Wed Aug 26, 2009 3:55 pm
#694
On average it takes 6-8 weeks to put an IVA in place. The process may take longer and will be largely dependant on whether you are able to provide all the required documentation in a timely fashion.
Normally, you do not pay your creditors during this time, but would pay your monthly disposable income to the Debt Management Company or IP in the form of a Drafting or Instruction fee.
Normally, you do not pay your creditors during this time, but would pay your monthly disposable income to the Debt Management Company or IP in the form of a Drafting or Instruction fee.
Need to talk? Call 0800 077 6180 between 9am and 6.30pm.
Further in depth help and advice available on our website: www.beatmydebt.com
Further in depth help and advice available on our website: www.beatmydebt.com