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by Shauna
Mon Jul 23, 2012 6:46 am
Forum: Ask IVA Forum and Industry experts
Topic: Contemplating voluntarily surrending home. Does shortfall become unsecured ?
Replies: 5
Views: 1439

My husband and I are currently repaying an IVA. We have a mortgage of £150,000 but house value now £80,00. After another attempted burglary at our home we are at our wits end and are contemplating voluntarily surrending our home. If we do this, does the debt from the shortfall become unsecured? If s...
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