If you chose to repay your donor after the IVA that is your business -- but, while you are in it ... you are in it !!
Shaun Vickery wrote:Am I misunderstanding something? As I understand the thread, the loan IS to be an early exit loan, the exception theory with these being that the loan isn't officially made until the IVA is settled (at least simultaneously).
For various reasons, commercial early exit loans are viewed differently and are often cloaked in equity release situations. Although, as I say, even those are sometimes rejected by some creditors on principle.
Who is onlineUsers browsing this forum: No registered users and 21 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, IVA.com Group Limited 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