www.iva.co.uk

Posted: **Sun Mar 08, 2009 4:37 pm**

Hello,

If you ask a bank to repossess your house, do you have to become bankrupt?

Posted: **Sun Mar 08, 2009 4:44 pm**

I don't think you have to become bankrupt, but you would have to make sure that you could fund any IVA payments and the shortfall from the sale of the house.

Posted: **Sun Mar 08, 2009 10:23 pm**

Plus any other unsecured debts that you might have.