Do all my debts have to be included in the IVA?

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davidkg

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Post by davidkg » Mon Oct 15, 2007 12:21 pm
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Do all my debts have to be included in the IVA? Can I exclude certain debts?
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iva.com

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Post by iva.com » Mon Oct 15, 2007 12:23 pm
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Hi Davidkg and welcome to the forum,

You sholuld include all of your unsecured debts in an IVA application. Secured debts would not be included.

Kind regards,
Terry Balfour
IVA.com

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100s of reviews, All IPs and IVA firms rated.

Use our IVA firm comparison tool to find best IVA firm for you:
http://www.iva.com/iva_comparison_1.asp
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mikebdomain

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Post by mikebdomain » Mon Oct 15, 2007 12:23 pm
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I am probably answering out of turn here as it's not my area of expertise, but I believe all your unsecured debt must be included.

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kpw

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Post by kpw » Mon Oct 15, 2007 12:26 pm
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Hi
All unsecured debts HAVE to be included in iva.
Only secured debt e.g mortgage, secured loans Car HP are
included in expenditure.
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bagpuss

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Post by bagpuss » Mon Oct 15, 2007 12:27 pm
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is there a reason why you would want to exclude any of your creditors...? xx

Angie xx


My IVA Story......http://bagpuss.blogs.iva.co.uk/2007/09/ ... iva-story/
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Adam Davies

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Post by Adam Davies » Mon Oct 15, 2007 12:30 pm
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Hi
Just to confirm that all our unsecured debts have to be declared in an IVA,including debts to relatives
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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iva experts

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Post by iva experts » Tue Oct 16, 2007 4:00 pm
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Hi David,

As others have mentioned all unsecured debt must be included in the IVA. Is there any reason why you would want to exclude any of your debts? How would you pay them off if they weren't included in 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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