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by idd
Thu Jan 17, 2008 8:36 am
Forum: postings for january
Topic: Will i still be able to get an IVA?
Replies: 8
Views: 1446

Last valuation of property was £130K . Outstanding mortgage of £50k. secured loan of £50K. Unsecured debts of approx £40k. NO EQUITY AT ALL. What happens in year 4 in my situation? Thanks.
by idd
Tue Jan 15, 2008 11:10 pm
Forum: postings for january
Topic: Will i still be able to get an IVA?
Replies: 8
Views: 1446

Hi - no equity in my home at all. Debts are more than current house valuation. What happens here? Will i still be able to get an IVA? What about the 4 year 'equity release' requirement?
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