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Posted: Mon Jun 20, 2016 6:20 am
by Krishan.48
I would like to sell my property to pay off my debt as council will purchase the property.
Posted: Mon Jun 20, 2016 6:28 am
by Adam Davies
Hi
If you are in an existing IVA then you will need to contact your Insolvency Practitioner and inform them of your plans
Regards
Posted: Mon Jun 20, 2016 8:34 am
by kallis3
Hi and welcome,
Are you in an IVA? If so then you will need to get the restriction lifted.
Posted: Mon Jun 20, 2016 9:29 am
by Shining
Hi there and welcome. Have a chat with your IP assuming you're in an IVA and work out a way forward.
Posted: Mon Jun 20, 2016 10:37 am
by Lisa Thomas
Only sell the property as a last resort and do it via a variation agreement first otherwise you could lost any surplus equity to the IVA.
Posted: Mon Jun 20, 2016 10:37 am
by Lisa Thomas