IVA and moving abroad

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mcbradsfc

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Post by mcbradsfc » Wed Nov 28, 2007 8:46 pm
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Hi all,

I wonder if someone could help me with a question. I am currently in year 2 of a 5 year IVA and intend (i wish!)?

Any advice warmly received
Last edited by mcbradsfc on Wed Dec 10, 2008 1:34 pm, edited 1 time in total.
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Adam Davies

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Post by Adam Davies » Wed Nov 28, 2007 9:32 pm
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Hi
I presume that you do not have a fouth year equity clause.
You can continue to pay your IVA from Canada and I believe that your income and expenditure will be assessed as normal at the end of year four
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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MelanieGiles

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Post by MelanieGiles » Wed Nov 28, 2007 10:39 pm
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Hi there

There should be no problem in you funding your payments from Canada, but in view of the response I have just given you regarding your gratuity this might be the way to end the IVA early.

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
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andyjc

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Post by andyjc » Fri Dec 07, 2007 4:41 pm
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hello
just to add my own query to the above, I am in 1st year of IVA have a 4th year equity clause and want to move abroad, can i sell my house, there will be zero equity left if I sell house now after secured loans are paid
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MelanieGiles

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Post by MelanieGiles » Fri Dec 07, 2007 11:18 pm
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You will need to discuss this with your own IP who has detailed knowledge of your case, but I cannot see that this will be a problem so long as you are able to continue paying your IVA payments.

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
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