We currently have debt totalling approx £110K over about 10 creditors. Our house is worth £340K and our mortgage/secured loans total £258K. Although there is still £82K equity, we are unable to get another secured loan to enable us to pay monies towards our outstanding bills. You mention that if the...

We also have a time share which we are still paying each month. Will this be included in the IVA or will this be considered as another mortgage? Or, would we have to sell this before we take out an IVA? IF we were unable to sell this (we have looked into this before and the place where we bought the...