Can a secured loan be included in an iva?

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max.r

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Post by max.r » Mon Dec 17, 2007 11:08 am
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Can a secured loan be included in an iva?
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Adam Davies

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Post by Adam Davies » Mon Dec 17, 2007 11:20 am
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Hi
No,only unsecured debt,however if there is a house sale/repossesion resulting in a shortfall of repaying a secured loan then this can then be included as part of an IVA.
Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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