www.iva.co.uk

what does" assets specifically pledged" within a iva mean? Thanks for your comments.

It usually refers to an asset ( home, maybe, or a car) that is secured for the purposes of the loan it was purchased with (mortgage or HP) and so has a charge on it already. However, there might be a subtley different definition within an IVA. Hopefully an Industry Expert can put me right tomorrow.

You are entirely correct Foggy. It does usually refer to a car or house but can also relate to Brighthouse for example who secure their debts against all types of household items.