www.iva.co.uk

if i have a secured loan on my house can this be included

Unfortunateley no secured loans cannot be included however, there can be a provision built into your income and expenditure to enable you to service the secured loan.

And if there is a shortfall to the secured lender - ie yo have negative equity - that element can and should be included into the IVA proposal and the creditor may vote to the extent of their unsecured balance.