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Posted: Tue Mar 25, 2008 12:19 am
by nickd
how understanding are lloyds tsb and lombard bank towards ivas?

Posted: Tue Mar 25, 2008 12:49 am
by AlanO
Hi Nick,

Usually OK - will depend share of the overall debt but provided not mainly in their hands OK.

Melanie is the expert in this area and no doubt will be posting later.

All the best alan

www.debtdr.co.uk

Posted: Tue Mar 25, 2008 1:25 am
by MelanieGiles
Lloyds will usually accept IVAs where they have less than 75% of the aggregate votes, and Lombard are generally on board too - you do of course have to be putting forward the best viable proposal you can manage to offer.