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Posted: Sun Aug 10, 2008 12:20 pm
by indebtforever
are you allowed whilst in an iva to get a secured loan to offer a full and final settlement or is it against the rules?
Posted: Sun Aug 10, 2008 12:43 pm
by kallis3
I don't know the answer to that indebt. I would doubt if anyone would give you a loan though as your credit rating will be shot to pieces.
One of the other experts will probably know the answer to that.
Posted: Sun Aug 10, 2008 12:51 pm
by plasticdaft
Does the iva have an equity release clause in it?? I would have thought that would prevent you borrowing money secured on your property.
Posted: Sun Aug 10, 2008 12:56 pm
by indebtforever
yes it does but it is a set amount of £1,125 was just a thought will just have to battle on[:I]