Posted: Mon May 14, 2007 6:21 pm
can an iva also be used against personal gaurentees?
Hi stel and welcome to the forum
Yes - but only usually when the guarantees have crytallised and you are being pursued by the creditors. Is this the case in your case? Do the debts related to a failed limited company?
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk