do assets have to be sold ?

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matt.l

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Post by matt.l » Thu Apr 17, 2008 8:59 pm
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if you have any assets do they have to be sold before entering into an IVA ?
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MelanieGiles

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Post by MelanieGiles » Thu Apr 17, 2008 9:50 pm
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Hi matt and welcome to the forum

Not at all - although your IP may recommend that you look to sell any which are surplus to requirements. What assets do you actually own, and I may be able to assist further.
Regards, Melanie Giles, Insolvency Practitioner
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steve532

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Post by steve532 » Fri Apr 18, 2008 9:04 am
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I had to down grade my car and put the surplus cash into my IVA and also I had to cash in my endownment policy. But I think this is standard policy.

15 down 45 to go!!!!!!!
steve
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