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.
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