What happens if either I sell a house while in an IVA, or wait until IVA had ended ?

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Geoffrey.85

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Post by Geoffrey.85 » Thu Jul 30, 2015 8:36 pm
What will happen if I sell a house while I am still in an IVA with 18 months left? Also what will happen if I wait until the IVA has ended??
 
 

Foggy

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Post by Foggy » Thu Jul 30, 2015 8:52 pm
The house, as an inheritance, is an asset of the IVA and proceeds from its sale should go to your creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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