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Can my Credit Card or Loan be written off if I am currently in a Debt Management Plan or IVA?

April 26, 2017credit card Currently debt management IVA loan Plan written

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Can my Credit Card or Loan be written off if I am currently in a Debt Management Plan or IVA?

2 Answers

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Yes, your Credit Agreements can still be written off, however, you will need to forward to our Solicitors your full normal monthly repayment (not your reduced payment) for between 6 and 10 months. After your Agreement has been written off, your monthly payment to your Debt Management Plan or IVA should be reduced.

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Yes, your Credit Agreements can still be written off, however, you will need to forward to our Solicitors your full normal monthly repayment (not your reduced payment) for between 6 and 10 months