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Posted: Thu Feb 15, 2007 5:42 pm
by pentre
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>

Posted: Thu Feb 15, 2007 6:19 pm
by freelili
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

Posted: Thu Feb 15, 2007 6:38 pm
by MelanieGiles
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