queries about opting for an IVA

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kandc

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Post by kandc » Tue Mar 18, 2008 2:45 pm
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Hello,

I am very concerned about my credit rating should I opt for an IVA. Can you tell me how long after getting an IVA will I be able to apply for a mortgage? Also, I currently have a mortgage, which I am selling, but there is likely to be a shortfall owing to our mortgagees, is this something an IVA would cover?

Also, if I pay the IVA off quicker, will this mean it is off my record quicker?

Thanks,
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Adam Davies

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Post by Adam Davies » Tue Mar 18, 2008 3:43 pm
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Hi
Yes a shortfall from a secured lender,once the security is sold,can be included in an IVA
Regards
Andam Davies
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