If my home is reposessed,

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hara33

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Post by hara33 » Wed Sep 30, 2009 10:34 pm
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If my home is reposessed, will the shortfall be added to my existing iva?
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MelanieGiles

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Post by MelanieGiles » Wed Sep 30, 2009 10:42 pm
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Yes - the debt is bound under the terms of your IVA, and hopefully the secured creditor was circulated by your IP from the outset?
Regards, Melanie Giles, Insolvency Practitioner
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