IVA on basis that equity would clear debts

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply
 
 

Peter.se

User avatar
Posts: 1
Joined: Wed Sep 08, 2010 4:48 pm
Post by Peter.se » Wed Sep 08, 2010 4:48 pm
Quote
i have been in an iva for one year on the basis that the equity on the sale of our home will clear my debts the house has not sold and i wondered if now i can start to pay back to our creditors a monthly payment
Top
 
 

liamjames

User avatar
Posts: 734
Joined: Mon Jul 27, 2009 9:58 am
Location:
Post by liamjames » Wed Sep 08, 2010 4:56 pm
Quote
Hi Peter and welcome to the forums.

This kind of question depends entirely on your IP and your own unique arrangement. You need to talk to him as soon as possible to see what your options are.

Take care.
Take care,

Liam James
Varden Nuttall
http://www.vardennuttall.co.uk

Read our reviews here: http://www.iva.com/iva_companies/Varden_Nuttall.asp
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Sep 09, 2010 1:18 am
Quote
It would be very easy to vary the arrangement - if its original purposes have not been served.
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”