can an iva also be used against personal gaurentee

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stel

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Post by stel » Mon May 14, 2007 6:21 pm
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can an iva also be used against personal gaurentees?
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MelanieGiles

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Post by MelanieGiles » Mon May 14, 2007 6:23 pm
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Hi stel and welcome to the forum

Yes - but only usually when the guarantees have crytallised and you are being pursued by the creditors. Is this the case in your case? Do the debts related to a failed limited company?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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