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IVA and Home insurance

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bandicoot421
bandicoot421 Posts: 54 Forumite
in IVA & DRO
I have recently looked into renewing my home and contents insurance and they have a question about bankruptcy, does the IVA I paid off last year come under this direct question and should I declare this to my insurer.

Was I 'Bankrupt' when I had the IVA?

thanks,

Bandicoot421

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  • Foxy-Stoat_3
    Foxy-Stoat_3 Posts: 2,980 Forumite
    bandicoot421 wrote: »
    I have recently looked into renewing my home and contents insurance and they have a question about bankruptcy, does the IVA I paid off last year come under this direct question and should I declare this to my insurer.

    Was I 'Bankrupt' when I had the IVA?

    thanks,

    Bandicoot421

    No you were "insolvent" or "entered into a voluntary agreement with creditors"....not Bankrupt.
    "Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!
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