4th Year Release again - sorry!!

19 posts Page 2 of 2
Post Reply
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Wed Feb 13, 2008 10:59 pm
Quote
No - you do what you can and if you can't then you can't. Correct me if I am wrong but are you not with Grant Thornton? They will do the right thing when the time comes, so put those documents away and have a lovely Valentines Eve with Mrs Torch.

I'll still be on the forum to help in four years time if you run into trouble!
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

olympic_torch

User avatar
Posts: 1307
Joined: Mon Jan 08, 2007 12:59 am
Location:
Post by olympic_torch » Wed Feb 13, 2008 11:10 pm
Quote
Melanie.
Bless you.
Yes, we are with GT.
I just can't resist the urge to keep getting it out and looking at it,(the chairmans report!).
Off for a valentines meal with my beloved tomorrow.




not sure what mrs torch is doing!.
Aucto Splendore Resurgo.
IVA accepted May 2007.
Extended by 12 months in lieu of equity March 2012.
F+F offer accepted May 2012.
C of C received August 2012.
IVA dropped off credit file 24th May 2013.
Top
 
 

Frazzled

User avatar
Posts: 7
Joined: Wed Apr 15, 2009 10:54 pm
Location:
Post by Frazzled » Wed Apr 15, 2009 11:01 pm
Quote
New to this forum and as we are now into our fourth year of IVA, the question of re-mortgage is making me twitchy. I have read the original agreement and this states that we should obtain a valuation of the property and pay the quity over £5000 into the agreement. It is a joint IVA with my husband, but another area of the agreement has payments of up to 60 months. We currently have a mortgage of £72000, the house is valued approx £180,000 and our initial IVA was for £120K, of which we have been paying £685 per month for the last four years (which has crippled us), I am scared that we won't be able to get a re-mortgage in the current climate, what with our current mortgage and IVA we are paying out £1500 per month and have very little left. Any help would be truly appreciated. We are scared to go direct to our IP in case this costs even more money[xx(]
Top
 
 

David Mond

User avatar
Posts: 4896
Joined: Tue Sep 30, 2008 9:31 pm
Location: United Kingdom
Post by David Mond » Thu Apr 16, 2009 3:03 am
Quote
Duplicate post:

See
http://www.iva.co.uk/forum/topic.asp?wh ... 867#184724
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
Top
Post Reply
19 posts Page 2 of 2
Return to “equity release”