You will be hard pushed to find anyone who will lend you money whilst in an IVA, plus you would need your IP's permission to take out credit.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
If you have equity in your property you may be able to get a secured loan so you could ask Shaun Vickery from Select if this is an option. His details are in the experts section.
Or I would take a loan out against my property and pay it over 3 years I just want to clear the iva I feel like I'm living a nightmare. could you please advise which is the best way forward . Thank you .
Give Shaun a ring. You could probably raise enough to offer a full and final settlement and get out of the IVA. Three years may be tight on you but have a chat with him anyway.
Hi Lesley. It's entirely possible and we have been successful with a number of similar cases. Obviously it would depend on your other individual circumstances (income etc.) but certainly something to consider if you are keen to be out of the IVA.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
lesley.w - I hope that you can make it work and get out of the IVA.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
