How much of the proceeds from house sale will be needed to finish my IVA?

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Rob.d

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Post by Rob.d » Thu Aug 28, 2014 11:47 pm
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I took out a IVA for £20,000 a year ago. I am selling my house and the proceeds from the sale will be £40,000. How much will I need to pay to get out of the IVA?
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Michael Peoples

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Post by Michael Peoples » Fri Aug 29, 2014 12:03 am
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This depends on so many things that it is impossible to give advice. Can you post more information such as total debt, monthly repayment to IVA, is the property jointly owned etc.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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