Boo75! wrote:Yeah it's jointly owned, it would be 50%? Half his equity half mine? If that is how it works?
His IVA will (should) refer to his share of the equity, so, if there is less than £10,000 in total, his share ( his "interest") would be less than £5,000 and the equity clause will not be triggered.
Who is onlineUsers browsing this forum: No registered users and 18 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location