Can I enter into an IVA if I am renting

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gkb

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Post by gkb » Fri Jun 22, 2007 7:16 pm
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Can I enter into an IVA even if I do not own my own home. I am presently renting
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aguise

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Post by aguise » Fri Jun 22, 2007 7:20 pm
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Hi There Gkb Welcome to the forum.
Yes you can enter into an iva if you are renting the main criteria is to have enough disposable income to be able to fund an iva. If you would like to post more details like income level of debt and what you have left after living costs then everyone will advise. It is also helpful to put down your creditors as well.

Ang
Please visit my blog at http://aguise.blogs.iva.co.uk/
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MelanieGiles

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Post by MelanieGiles » Fri Jun 22, 2007 9:47 pm
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If renting, you will need to produce a copy of your tenancy agreement to your IP as proof of your payments. Apart from that, there is little difference to the procedure whether you are renting or property owners.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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