Permission for a bounce back loan

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mike129

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Post by mike129 » Thu Jun 11, 2020 5:06 am
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I have done Full and final IVA, all payments are done last year in september 2019. I am waiting for completion certificate. which will come in few weeks.

Can I get Bouncy Back Loan. Do I have to ask my IP for permission?
I have paid all agreed money any way.

My bank is willing to give me £50,000.
What I need to do now.
Its limited company.
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kallis3

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Post by kallis3 » Thu Jun 11, 2020 1:55 pm
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I would be worried to take out a loan for that much if they would give it to you.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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luluj

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Post by luluj » Thu Jun 11, 2020 6:46 pm
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If you are still awaiting your completion certificate then you will need to seek their permission.

£50k is a hefty loan on the back of an iva and I would be really sure that is your best option as the payback on that will be high.

Best wishes in your endeavours and hope it all works out for you
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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