Joint IVAs

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Madge70

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Post by Madge70 » Fri Sep 07, 2007 10:42 pm
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Hello ...
We have an appointment for a variation meeting at the end of this month...Can you tell me what would happen if my proposal for a F+FS is passed and my husbands not passed if the joint £20000 loan was on each of the IVAs the debt % is as follows: I have 81.3% he has the 31.4% on his ... if that creditor has agreed to the proposal this means I have the necessary 75% if none of his creditors vote in favour and he only has 31.4% does the £20000 get reduced from his IVA and my debts sorted out separately or do we have to carry on as normal?

Kind Regards Madge70
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