Can I include a loan my father took out in his name and transferred to me ?

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1
 
 

Tommy.76

User avatar
Posts: 3
Joined: Sat Oct 08, 2016 2:13 pm

Post by Tommy.76 » Mon Oct 10, 2016 5:16 pm
Can I include a loan my father took out in he's name & transfered to me in my iva
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Oct 10, 2016 5:38 pm
Only if the creditor now holds the loan in your name ---- how do you mean "transferred to your name" ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Mon Oct 10, 2016 10:46 pm
If the loan is in his name he will have to repay it. You may be able to help him depending on his personal circumstances.
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
 
 

Lisa Thomas

User avatar
Industry Expert
Posts: 7759
Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Tue Oct 11, 2016 10:04 am
as Foggy asked - what do you mean by 'transfer'?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”