Myself and my wife are considering going into an IVA. Any advice much appreciated.

Get expert opinion. This is the place for new questions to be posted.
17 posts Page 2 of 2
Post Reply
 
 

longslog101

User avatar
Posts: 526
Joined: Thu Feb 05, 2015 9:19 am
Location:
Post by longslog101 » Wed Oct 28, 2015 9:01 am
Quote
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>It's tough in an IVA but worth it.
I don't know if it is something I would actually consider these days if the firm I was signing up to made it mandatory to be bound by 2014 protocols and secured loans, there is in effect no END date with those in my personal opinion, hence why I think it is crucial to find a firm that does not use the 2014 protocols or indeed insist as a contractual requirement to secured loan (outside of re-mortgage) being a requirement to release equity to pay creditors.
Last edited by longslog101 on Wed Oct 28, 2015 9:02 am, edited 1 time in total.
My Blog details, the route I took before IVA, how I choose my firm, equity release advice (year 4-5), challenging the CRA's keeping IVA on credit file once gone from insolvency register

IVA ended August 2015. Would recommend McCambridge Duffy
Top
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:
Post by Shining » Wed Oct 28, 2015 9:03 am
Quote
Again I don't agree personally with the secured loan aspect that you see now, but, if I had signed up to this I would adhere to this.

You make sure you read and sign only when you're happy.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Top
Post Reply
17 posts Page 2 of 2
Return to “Ask IVA Forum and Industry experts”