www.iva.co.uk

I am thinking about taking on an iva arrangement. I do have my own property but have little equity in it and am wondering if I would still be able to take on an iva to pay my creditors and also rent out my property and go and live with family at the same time? Obviously I will be making some money each month doing this - does anyone out there know if it would affect my iva.

The reason for renting out is to get some money behind me and to be able to ensure that I still pay my creditors each month?

Hi and welcome to the forum. I think as long as you inform your IP all along the way what you are planning and it is factored into your I&E then it should be ok.