very nervous about taking the iva

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natasha.j

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Post by natasha.j » Sun May 25, 2008 11:20 am
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hi there we have qualified for an iva with clearstart but i am very nervous about taking the iva
our current mortgage deal ends in 2 years and i am worried it will go up by 100s because we will have an iva ie a bad credit rating
will it make as much difference as i am thinking it will?
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aguise

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Post by aguise » Sun May 25, 2008 11:42 am
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Hi natasha and welcome to the forum.
I just wanted to say hello, I am useless with mortgages, but be patient and one of the technical exerts will be a along soon.

Ang
Please visit my blog at http://aguise.blogs.iva.co.uk/
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MelanieGiles

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Post by MelanieGiles » Sun May 25, 2008 11:44 am
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Hi there

Your IP must take the increased mortgage payments into account when putting forward your offer to creditors. To ignore this would be setting you up to fail, but them I am sure that Clearstart will have discussed this with you directly.
Regards, Melanie Giles, Insolvency Practitioner
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