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Posted: Wed Sep 19, 2007 10:16 am
by lh_
If someone has a CCJ against their name for a debt and that person wants to pay some of that debt off but unable to pay it all, can s/he enter into an IVA or can you only enter an IVA before a CCJ is registered?
Posted: Wed Sep 19, 2007 11:08 am
by Oliver
You can enter into an IVA after a CCJ has been approved as the debt will still be unsecured. If you own a property and you have a court approved charging order attached to the property then this particular debt could no longer be included as it would have become secured.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Wed Sep 19, 2007 11:32 am
by iva experts
Hi lh and Welcome,
A CCJ must be included in the IVA, the monthly payment can be paid right up to the IVA being approved. Once the IVA is approved the CCJ will then become overwritten by the IVA.
Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Posted: Wed Sep 19, 2007 12:04 pm
by lh_
Thank you very much for your help!
Posted: Wed Sep 19, 2007 12:12 pm
by iva experts
Not a problem, I hope everything works out for you [:D]
Best Regards,
IVA Experts
http://www.iva-experts.co.uk/