would rent arrears be taken in to account as debt?

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tracie_b

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Post by tracie_b » Tue Apr 24, 2007 12:53 pm
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would rent arrears be taken in to account as a debt?
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Oliver

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Post by Oliver » Tue Apr 24, 2007 1:00 pm
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Hello

Strictly rent arrears are an unsecured debt and could be included; however, if the arrears are with your current landlord, it would be usual for your IP to exclude this debt and allow you to pay back the money through a scheduled arrears payment as to include the rent arrears in your IVA could jepordise your accommodation. If the arrears are from a previous landlord these should be included in the IVA.


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Oliver

Thomas Charles and Co Ltd.
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Oliver
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freelili

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Post by freelili » Tue Apr 24, 2007 1:04 pm
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Hi Tracie

Make sure you consider all of your options before committing to anything. I am not a financial expert just another person in debt.

Its a supportive place so dont be affraid to post more details.

LILY

fly me beyond the distant star, I will wish on tonight to see you smile just once more to know youre there.
LILY

http://freelili.blogs.iva.co.uk

I asked God for an answer, I have to live with his reply.
Exsisto an angelus quod planto quispiam sentio melior.
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