Adding another debt

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lesley411

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Post by lesley411 » Tue May 07, 2019 5:54 pm
I am in an iva but have recently got another dent which occurred after the Iva was set up. Can I add this to my iva?

Foggy

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Post by Foggy » Tue May 07, 2019 6:22 pm
Unlikely -- you are not allowed to incur further debt whilst in an IVA.

How much is the new debt and might I ask why you took it out ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lisa Thomas

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Post by Lisa Thomas » Wed May 08, 2019 8:28 am
'New' debts incurred post IVA will be your responsibility to pay and cannot be included as a creditor of the IVA.

If you obtained credit you may also have breached the terms of your IVA.

How much is the debt for?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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