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Are IVAs the same in scotland?

 
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Leeroy



Joined: 05 Dec 2006
Posts: 1
PostPosted: Thu Dec 07, 2006 3:23 pm    Post subject: Are IVAs the same in scotland? Reply with quote
Hi everyone,

I have just been reading your site and filled in the debt analyser and i think i will be eligible for an IVA. I live in Scotland, can i get an IVA?
Is anything any different to a normal IVA in Scotland?

How do i get cracking?

Thanks for any help and advice anyone can give me!
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Andrew
ClearDebt Advisor


Joined: 04 Dec 2006
Posts: 49
Location: Manchester
PostPosted: Thu Dec 07, 2006 4:05 pm    Post subject: Reply with quote
The laws in Scotland are quite different, but there is something fairly similar. Technically you need to go for a Trust Deed or Protected Trust Deed.

Another poster has just asked a similar question - you can find his Q and my A here. But do note that you may be eligible for an IVA if you have a significant majority of English creditors - we've done several like that.

Regards

Andrew
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