There not leaving it out its there as a contingency debt but as I'm only gaurantor there looking to put the iva through with all the other creditors as it isn't officially my debt yet till he defaults. This is what there telling me I'm not sure cause I don't know what way it works I can only go by what there tell me so I'm confused now
Please speak to another few companies - if he defaults you will be liable for the whole amount;
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
Basically, if he defaults, as you have said he intends to do, adding that debt on might make the other creditors ask for you to extend the IVA, or even fail it, as they will not be getting what they voted for. It is a recipe for disaster given that he is very likely to default.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Please speak to some more companies before making a final decision.
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