Looking through my iva paperwork with payplan, I have noticed that my chairman's report has 3 creditors totaling 20k however under the creditors section there is an additional creditor (my mortgage company due to secure part of loan) so my question is due to this element not being on my Chairmans report does this have any ramifications good or bad
Thank you for any help
Does that help?
Your actual creditors should have been listed as part of your IVA proposals.
Secured creditors are usually listed as a secured for £1 if their debt is fully covered by their security.
Really appreciate your help
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