Why do Barclaycard reject IVAs if I am a homeowner ?

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Fred.65

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Post by Fred.65 » Wed Oct 26, 2016 5:23 pm
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why do Barclaycard reject ivas if I am a homowner
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kallis3

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Post by kallis3 » Wed Oct 26, 2016 5:37 pm
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Hi and welcome,

Barclaycard did not reject me - have you had a creditor meeting?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Foggy

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Post by Foggy » Wed Oct 26, 2016 5:38 pm
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Barclaycard accepted mine too.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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footiemad

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Post by footiemad » Wed Oct 26, 2016 6:05 pm
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No idea on this one but Barclaycard rejected mine. Thankfully the lack of their vote made no difference.
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kallis3

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Post by kallis3 » Wed Oct 26, 2016 6:56 pm
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Barclaycard accepted mine no problem.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Michael Peoples

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Post by Michael Peoples » Wed Oct 26, 2016 6:58 pm
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The agents for Barclaycard will reject if there is more equity than debt. It is not being a homeowner that is the problem but you must have substantial equity.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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