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Posted: Thu Aug 14, 2008 11:54 pm
by debbie.k
hi do you need to own your own home to qualify for an iva? thanks
Posted: Thu Aug 14, 2008 11:56 pm
by Viki.W
Hey Debbie, welcome to the forum. No, you do not have to be a home owner. If you want to post a few more details, we can help you further. X
Posted: Thu Aug 14, 2008 11:56 pm
by size5
Hello and welcome debbie.k
No, you do not need to own your own home, but can you post a few more details as to your situation so that we can give you a little more of a specific answer?
Regards.
Posted: Fri Aug 15, 2008 12:03 am
by MelanieGiles
In some ways it is easier to do an IVA if you do not own a property, as there is no messing about with having to raise equity during the final year. Much easier for you and your IP!!
Posted: Fri Aug 15, 2008 7:32 am
by Kazzy E
Welcome Debbie. I'll second that Melanie, we rent our home and we don't have the worry of the equity release in Yr 4. If you post some more specific details, I am sure you'll get loads of great advice. Kazzy x