Posted: Wed Apr 09, 2008 10:49 pm
an unsecured debt now has a charging order against it - can this be included in the IVA?
Hi Victoria and welcome to the forum
Is the debt fully secured against your property - ie is there enough equity left to cover it in the event you were to sell your property? If so, then the debt would not be able to be included in the IVA, but if it is only partly secured, the unsecured element could rank as a valid creditor.