Posted: Mon Dec 17, 2007 11:08 am
Can a secured loan be included in an iva?
Hi
No,only unsecured debt,however if there is a house sale/repossesion resulting in a shortfall of repaying a secured loan then this can then be included as part of an IVA.
Regards
Andy Davie
IVA.co.uk Spokesperson and Website Manager
About me:
http://www.iva.co.uk/andy_davie_profile.asp
IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp