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Posted: Wed Apr 15, 2009 11:04 am
by thoroughlyfedup
Trying to sort out some information to help me make a decision. I originally took out a 110% mortgage but am not sure how an IVA would deal with that. Recent mortgage statement says £80k is secured and £15k unsecured. Would the £15k be added to my other unsecured debt or would it be treated as a part of the mortgage for this purpose?
Posted: Wed Apr 15, 2009 11:09 am
by kallis3
Hi,
I believe that the unsecured part would be included in an IVA. A professional will advise for definite later.
I recommend though that you seek professional advice. Visit
www.iva.com for a list of companies and reviews. You will get free and impartial advic as to all the options available to you. Give one or two a ring.
Posted: Wed Apr 15, 2009 12:34 pm
by Adam Davies
Hi
It would be added to your other unsecured debt. Is it a Northern Rock Together mortgage ?
Regards