HomeBankruptcyIVA’s Rescue or Rip-Off

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IVA’s Rescue or Rip-Off — 1 Comment

  1. Is property clause and home equity close means the same thing?
    In my Iva it says:
    Is property clause appropriete? Yes.

    What does means can anybody ezplains to me.please

    I am with payplan now my sixth equity year
    And they cannot find home equit clause attached in my IVA
    But my iva proposal is protocol compliant iva.
    Can my creditors reject my proposal and bankrupt me?
    I have very high equity and I have offered £425 permonth for 12months for equity year.Last five years I have paid £385 per month.
    Can any body give me advice please.

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