Posted: Thu Jan 24, 2008 9:55 am
will i have so sell my house if i do an iva
Hi mart and welcome to the forum
Please provide more details about your situation. It is very rare to be asked to sell a property - so long as it is your principal residence - but you will be required to have it revalued during the final year and raise equity based upon 85% loan to value.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp
See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp