Any advise would be greatly received

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jan_f

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Post by jan_f » Thu Apr 17, 2008 8:56 pm
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We were in a IVA but after 18 months, they decided we had enough in our house to remortage and repay our creditors. Eventully the creditors accepted but due to Northern Rock and the so called 'credit crunch' 3 lenders have pulled out and now this one is the last one who are still deciding wether to go ahead.

The brokers are really fighting for it and even we lose this one, we can't go back into the IVA and we may well have to go bankrupt and lose our home which is what we've been trying to avoid all this time. Any advise would be greatly received.
Jan feeney
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MelanieGiles

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Post by MelanieGiles » Thu Apr 17, 2008 9:51 pm
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Hi ian and welcome to the forum

Why can you not simply continue to make the IVA payment on a monthly basis into the future?
Regards, Melanie Giles, Insolvency Practitioner
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