house sale

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jackso-b

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Location: United Kingdom
Post by jackso-b » Tue Oct 19, 2010 11:02 am
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if i do sell my house will the creditors want all of my assets or just the outstanding iva balance
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kallis3

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Post by kallis3 » Tue Oct 19, 2010 5:02 pm
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Hi,

You would be able to use some equity to pay fees etc., and some to go towards deposits for another property, after that you would be expected to pay back up to 100p in the pound plus fees. If there is anything left after that it is yours.
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
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