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Iva Or Bankruptcy

Hi My Ptnr and I Have Just Received Forms From Payplan To Fill In Regarding Statement Of affairs. Do They Decide If You Should Go For I.V.A Or Face Bankcruptcy? We have No equity Left In Property, if We went Bankcrupt Would We Have To Get Out Of Property? What Actually Happens When You Go Bankcrupt?:confused:

Comments

  • NekoZombie
    NekoZombie Posts: 1,664 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Payplan will anaylse your SOA and then make as recommendation as to your best course of action. Of course, you make the final decsion.
    BCSC Member 70:j
    .
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