do you think I would have a chance at an IVA

2 posts Page 1 of 1
Post Reply
 
 

r.g

User avatar
Posts: 1
Joined: Sat Sep 22, 2007 3:19 pm
Location:
Post by r.g » Sat Sep 22, 2007 3:22 pm
Quote
I am currently considering an IVA, and have an income in the UK that could nearly all be used in the IVA, however as I retired a year ago my home is in Spain, where I have an existing mortgage, because of the depressed house prices here at the moment the equity in the property has all but dissappeared. with debt in the UK all unsecured at around 95K do you think I would have a chance at an IVA if I paid say 700 pounds a month. My income in spain fluctuates but is sufficient to get though and is not used in Spain
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Sat Sep 22, 2007 3:30 pm
Quote
Hi rg and welcome to the forum

You definately have the basis of an IVA there, but will need to demonstrate British residency if you are able to propose one to creditors. Have you retained a UK address for mailing purposes, and are you still on the electoral register?

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

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
2 posts Page 1 of 1
Return to “postbag for september”