Hi All, not too long to go now - we've completed five and a bit years but are still having to make monthly payment to cover the equity that should have been released from our property. We agreed to make 9 additional payments and should finish in June this year. However, where do we stand with regard to additional earnings and moving house? Are we free of the constraints of an IVA now or not?
Hi and congratulations on getting this far. Not long now !!
I am afraid that you are still subject to the IVA and all of it's constraints, until you get the completion certificate from your IP. Just after what you consider to be the last actual payment, check with your IP to make sure they are happy for you to stop payments. That's the one thing you won't still have to do before the certificate arrives.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
