Your credit rating is shot for six years from the start but I have no idea how it would affect you on the deeds. Hopefully one of our more knowledgeable experts can help tomorrow.
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 are contributing to the mortgage/intend to have an interest in the property the best idea would be to get an agreement in writing between you and witnessed/via a solicitor.
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.
