www.iva.co.uk

can an iva be considered if you have a secured loan?

All depends on the circumstances really.

If you are looking to include a secured debt then it cannot be included unless you no longer have the property, but if you have a secured debt and myriad other unsecured debts then you need to take professional advice as soon as you can.

Regards.

Yes you can - but you will need to continue to pay the secured loan to avoid possessory action being taken against the asset. Is this a loan you have against your property, and do you have other unsecured debts?