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Posted: Wed Mar 12, 2008 1:08 pm
by dire
please forgive the basic questio, but debt for IVA does not include the debt that is secured against your house ?
Is it only credit cards and loans ?
rgds

Posted: Wed Mar 12, 2008 2:12 pm
by vickir
You cant include a loan secured on your home in an IVA - sorry

Posted: Wed Mar 12, 2008 2:12 pm
by Sarah
Afternoon... And welcome

Yes you are correct you can only include unsecure debt.

Posted: Wed Mar 12, 2008 2:18 pm
by size5
Further to that, it is not just credit cards and loans that can be included, there are many other debts that can be taken into account in an IVA proposal.
May be worth having a chat with a provider directly, you can find a very large list, with reviews, on www.iva.com

Good luck.