Foggy wrote:If the IVA is rejected it is unlikley that you will be made bankrupt, especially if you are up to date with payments. Bankruptcy is a very expensive enterprise for creditors and they do not usually go for it if they can see a better way of getting more back in the long run.
What do you think they will offer as a solution if the Iva is rejected. I am worried they will reject it because of the equity that I have. The property is jointly owned so I can’t really remortgage
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