What happens to my loan and garantor if I enter into an IVA?

lindsay1980 (1 year ago)

I am thinking of entering into an IVA with my husband so that our debts can be payed off sooner than on the current plan we have. My worry is that my mum who is my garantor will be harrased for the money from this loan. I have asked if this loan can not be included and of course they said it has to be included. How will it work with your sleves as a company, if i was paying my mum the £50 per month to pay you would you even need to contact her except to change bank details for the money? help?

FLM Loans (10 mths ago)