Mortgage Arrears

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Terry Henry

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Post by Terry Henry » Thu Sep 27, 2007 1:20 pm
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Can a Mortgage Arrears be included into a IVA?
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mikebdomain

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Post by mikebdomain » Thu Sep 27, 2007 1:36 pm
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Hi Terry and welcome to the forum - I believe the answer to this question is no as they are a secured debt.

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Adam Davies

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Post by Adam Davies » Thu Sep 27, 2007 5:45 pm
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Hi
Yes Mike is correct in that mortgage arrears can,t be included,however you could agree a repayment plan with your mortgage company and this would form part of your expenditure in an IVA.
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