All Forums  archive  bankruptcy postbag for march  what is an IVA?

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by enaj-haras[/i] [br]I am self employed as an artist and am currently being sued by the gallery that formerly represented me. It is likely that I will concede rather than fight due to the costs involved (the gallery are very wealthy and quite ruthless) Even just defending, I will still face legals fees of approximately 50k if I lose and have no income because of the copyright restrictions I face under this contract. I want to know what the best way to fund these fees are...I cannot remortgage as I have no income, but I own my house outright and would like to protect it...or free up enough equity to pay my costs but protect the rest... I've heard about IVA's I dont know what they are.... might they help in my situation? or is there an obvious answer to all this, because I'm really worried!! thanks [/quote]   Check here to include your profile signature.