Hi.

The total amount owed is to Northern Rock (mortgate lender), the property was mentioned in the iva but only mentions that once costs of sale and secured creditors have been paid I will make outstanding funds available to the IVA. It mentions the amount can only be estimated.

I have an IVA, when I took out the IVA I owned a property which was placed on the market with a hope of making some profit to add into the IVA. It has finally sold after a year and has left a minus balence of £6500. Can this be added into my IVA ?