would i have to leave the family home.

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claire.f

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Post by claire.f » Wed Nov 21, 2007 4:22 pm
My husband and i have recently seperated, we have two children and already have a mortgage on our home, unfortunately we also have a secured loan, and a personal loan which is making it hard to make ends meet, if i was to take an IVA out would i have to leave the family home.
 
 

iva experts

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Post by iva experts » Wed Nov 21, 2007 4:54 pm
Welcome to the forum Claire,

Could you provide some more information, are you both still living in the family home? What is your estimated debt? What is your disposable income?

I dont believe you would be forced to move out of your family home, only if you have more equity than your debts could they possibly suggest this.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
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