What should I do I owe about 18000 4 creditors

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pentre

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Post by pentre » Thu Feb 15, 2007 5:42 pm
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What should I do I owe about 18000 and have 4 creditors including Customs & Revenue. Can I solve these debts by an IVA? or should I remortgage my home>
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freelili

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Post by freelili » Thu Feb 15, 2007 6:19 pm
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hello and welcome
If you have enough equity in your home, you are solvent and therefore would not qualify for an IVA. Good luck and if you have any questions the experts here are happy to help you.

LILY
LILY

http://freelili.blogs.iva.co.uk

I asked God for an answer, I have to live with his reply.
Exsisto an angelus quod planto quispiam sentio melior.
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MelanieGiles

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Post by MelanieGiles » Thu Feb 15, 2007 6:38 pm
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Hi aj3

Can you tell me the value of your property and the amount you owe on the mortgage? I can then advise properly.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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