What debts can/can’t be included on an IVA?
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Dec 22nd, 2009 |
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If you are eligible for an IVA, you may be wondering which of your debts can actually be included on the agreement.
Here, we will take a brief look at some of the debts that can and can’t be included on an IVA.
Debts that can be included:
Debts accrued through the following means of borrowing can be included on an IVA:
• Credit cards
• Store cards
• Catalogues
• Personal loans
• Personal overdrafts
Debts that can’t be included:
Debts accrued through the following means of borrowing cannot be included on an IVA:
• Mortgages
• Secured loans
• Vehicle HP
• Council Tax