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- Posts: 1
- Joined: 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?
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 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.
- Posts: 14596
- Joined: Thu Mar 29, 2007 12:21 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.
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