www.iva.co.uk

Posted: **Sat May 30, 2015 1:20 pm**

Can my iva company make me bankrupt ?

I've paid on time all the time & I'm on month 57 .

I've tried to remortgage but unable to find lender that can help .

Now my iva company want me to get a secured loan even tho it doesn't state on my paperwork .

It only states if can not remortgage then iva will be extended by a extra 12 months.

Can I refuse to get a secured loan & let my company know it doesn't state nowhere on paperwork , so you have no right to force me to a secured loan.

Posted: **Sat May 30, 2015 1:33 pm**

If, as many older proposals do, it says remortgage or extend they cannot force a secured loan. They are not the same thing.

Posted: **Sat May 30, 2015 5:56 pm**

Hi

You can stand your ground if your original paperwork [chairmans report] doesn't mention a secured loan

Regards

Posted: **Sun May 31, 2015 8:27 am**

Which company is trying to bully you? You should complain to their regulatory body about these threats as you have done nothing wrong.

These secured loans will be the new ppi in years to come!!!

Paul

Posted: **Mon Jun 01, 2015 9:50 am**

You will have to prove that you cannot get a remortgage and in which case the proposals would normally state a 12 month extension as an alternative. What they are saying sounds bit strange to me and I would challenge it - in writing and use their internal complaints procedure if necessary.