Clarification Please.Long post sorry.

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Ricardo

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Post by Ricardo » Fri Mar 09, 2012 7:50 pm
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My IP was trying to tell me that when i agreed my iva in 2006 that 100% mortgages were available so i still have to remorgage for 100% or extend by 12 months. My clause is identical to OT in that the only 100% mentioned is the fact that i have to pay back 100% of any equity available or if unable to remortgage then a creditors meeting would have to be called and extend....so they were trying to manipulate the wording to suit the creditors. So i am very happy that i found this post, thanks again.
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