my questions is if we get a windfall can we pay the secured loan off before giving the remaining money to iva ?
I am curious as to why they have visited the question of equity at month 35. Are you sure the extension is not only due to an extra creditor being discovered ? Equity is normally addressed at month 54 in a standard term IVA. You might have another extension to come.
Who is onlineUsers browsing this forum: Google [Bot] and 18 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location