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- Joined: Fri Sep 21, 2018 5:50 am
I would like to enter into an IVA but have a guarantor loan I would like to keep out of it as my guarantor is in a terrible financial position himself. Is this possible at all?
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- Joined: Fri Dec 17, 2010 11:14 am
- Location: United Kingdom
In an IVA all unsecured debt has to be included -- you cannot pick and choose. The debt will then fall to your gurantor to repay. How much are the repayments ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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