IVA with secured loan ?

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t.y

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Post by t.y » Thu Sep 18, 2008 1:19 pm
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Do I qualify for IVA if I have a secured loan on my property?
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Adam Davies

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Post by Adam Davies » Thu Sep 18, 2008 1:21 pm
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Hi
The secured loan can't be included in an IVA but any unsecured debt can.
If you sell the house,or have it repossessed, and have a shortfall from the sale then this can be included in an IVA
Regards
Andam Davies
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