If 5 years I choose to sell my property

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marina.m

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Post by marina.m » Wed Mar 26, 2008 7:40 pm
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If I enter into an IVA and after 5 years I choose to sell my property, once the IVA has been settled,can a claim still be made against me for more money?
Last edited by marina.m on Wed Mar 26, 2008 8:45 pm, edited 1 time in total.
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Adam Davies

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Post by Adam Davies » Wed Mar 26, 2008 8:49 pm
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Hi
No
Once your IVA is concluded your debts are written off and no further claim can be made.
However it is unlikely that you would have an IVA agreed these days without an equity release clause in the 54th month
Regards
Andam Davies
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