IVA and guarantor loan

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1
User avatar
steph604
Posts: 1
by steph604 » 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?
User avatar
Foggy
Forum Expert
Posts: 27498
Contact
by Foggy » Fri Sep 21, 2018 6:45 am
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 ?
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 40 guests