if the rent we currently pay is considered too high?

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Post by ian.25 » Sat Aug 21, 2010 11:01 am
We currently rent our home, but if I undertake an IVA can we be forced to move if the rent we currently pay is considered to high?


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Post by Shining » Sat Aug 21, 2010 11:56 am
Hi Ian and welcome to the forum.

I don't think anyone can force you to move, a good IP will go through your Income and Expenditure with you and offer advice as necessary.

Have you spoken to any companies yet?

If not ensure you speak to 2 or 3 to get impartial free advice specific to you.

A good starting point is www.iva.com and again all our professionals from the forum come highly recommended too. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.

Adam Davies

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Post by Adam Davies » Sat Aug 21, 2010 2:01 pm
No one can force you to move however creditors may decline an IVA given that you could rent for less and free up some disposable income.
Andam Davies
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