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iva
ladycaz
Posts: 5 Forumite
we have a iva ,we want to sell our house to clear everything we owe and would need to rent we need to know if we can sell,how much would we have to pay to the iva and could we rent having had a iva ,we should have the money to clear everything once we sell our house ,we just wont be able to start living again .we have decided there is more to life than having our own house as long as we have a roof over our heads and our family then we can do without owning a house any help would be greatful
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we have a iva ,we want to sell our house to clear everything we owe and would need to rent we need to know if we can sell,how much would we have to pay to the iva and could we rent having had a iva ,we should have the money to clear everything once we sell our house ,we just wont be able to start living again .we have decided there is more to life than having our own house as long as we have a roof over our heads and our family then we can do without owning a house any help would be greatful
just bumping this one up as it's not been replied to. i'm afraid i'm useless as i don't even know what a "iva" is...
am sure someone will be useful though!
ntlMelt 7 lbs in May challenge - aim to lose 7 lbs
Starting weight: 150lbs (10st 10lbs / 68kgs):eek:
Current weight: 147.7 lbs (10st 7.7/67 kgs)
Ideal weight: 125lbs ish (8st 13lbs / 57kgs) :j - would love to be 8 stone something!!!
Realistic aim: 132 lbs (9st 6lbs / 60kgs) :mad:0 -
we have a iva ,we want to sell our house to clear everything we owe and would need to rent we need to know if we can sell,how much would we have to pay to the iva and could we rent having had a iva ,we should have the money to clear everything once we sell our house ,we just wont be able to start living again .we have decided there is more to life than having our own house as long as we have a roof over our heads and our family then we can do without owning a house any help would be greatful
I think that you should ask the Insolvency Practitioner, who is dealing with your IPA.
I think that there may be an administration charge, but this would depend on your IP, and how he is levying his charges.
Would you be offering to pay the FULL amount, or offering Full and Final Settlement?I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
Hello ladycaz,
You need to talk to your IP about this. As an IVA is legally binding you need to make sure you stay within the contract or your plans could backfire, depending what the terms of your IVA are.
It's great that you have this oppertunity, but involve your IP.I am a Debt Counsellor that works for the CCCS and have specific permission from Martin, to post on these boards to try and help those in debt. Read more information on the CCCS and what it does in the Debt Problems: What to do and where to get help article.
CCCS is a registered charity, and there is no charge whatsoever for any of the services we provide to our clients. We take great pride in offering first class help and advice, but we only offer this where we have been able to fully explore and understand your circumstances with you. We want to help you understand these choices and their possible implications but not make them for you.0
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