Would I get accepted for IVA when I have just brought a house with help to buy? Was left lump sum in a will and used this for the deposit but everything else before the house in terms of debt and new store cards since moving in is out of control. Debt of about 17K
Much would depend on the exact timing and time-scale of events, but the creditors might not look kindly on things --- on the other hand, now that you are a house owner, they stand to get back more than they would have done otherwise, either by way of equity release in the final stages of the IVA or a 12 month extension. So a bit of swings and roundabouts.
I would suggest a chat with a couple of providers to get more detailed advice based on your whole set of circumstances.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk