attachment of earnings in iva

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credit allergy

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Post by credit allergy » Sat Nov 14, 2009 3:15 pm
I have a suspended attachments of earnngs re a mortgage short fall. Can this be included in an IVA.
 
 

kallis3

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Post by kallis3 » Sat Nov 14, 2009 3:19 pm
Has your house been repossessed? If so, then the loan becomes unsecured and it can be included as far as I am aware.

Hopefully one of the experts will be along to advise further.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

credit allergy

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Post by credit allergy » Sat Nov 14, 2009 3:23 pm
Yes back in 2004. However big battle over amount resulted in court case which I won. Attachment earnings order was granted (suspended) which I have been paying for a year. It is just that along with other debts there appears to be no end in sight.
 
 

kallis3

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Post by kallis3 » Sat Nov 14, 2009 3:28 pm
I would suggest that you speak to an expert.

Visit www.iva.com for a list of companies and reviews. Give one or two a ring and you will receive free and impartial advice as to all the options open to you and the best way forward for your circumstances.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

MelanieGiles

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Post by MelanieGiles » Sat Nov 14, 2009 5:36 pm
The IVA will stop creditors taking or continuing with legal action against you, so the attachment of earnings creditor can properly be included within an IV proposal.
Regards, Melanie Giles, Insolvency Practitioner
 
 

credit allergy

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Post by credit allergy » Sun Nov 15, 2009 12:37 pm
Thank you that is what I had thought, just wanted expert opnion.
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