can you only enter IVA before a CCJ is registered

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lh_

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Post by lh_ » Wed Sep 19, 2007 10:16 am
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If someone has a CCJ against their name for a debt and that person wants to pay some of that debt off but unable to pay it all, can s/he enter into an IVA or can you only enter an IVA before a CCJ is registered?
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Oliver

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Post by Oliver » Wed Sep 19, 2007 11:08 am
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You can enter into an IVA after a CCJ has been approved as the debt will still be unsecured. If you own a property and you have a court approved charging order attached to the property then this particular debt could no longer be included as it would have become secured.

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Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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iva experts

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Post by iva experts » Wed Sep 19, 2007 11:32 am
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Hi lh and Welcome,

A CCJ must be included in the IVA, the monthly payment can be paid right up to the IVA being approved. Once the IVA is approved the CCJ will then become overwritten by the IVA.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
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lh_

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Post by lh_ » Wed Sep 19, 2007 12:04 pm
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Thank you very much for your help!
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iva experts

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Post by iva experts » Wed Sep 19, 2007 12:12 pm
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Not a problem, I hope everything works out for you [:D]

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
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