Hi everyone , some time ago I was on here asking for advice about the equity relese clause in my IVA.
Here:
http://www.iva.co.uk/forum/topic.asp?wh ... 1104#85511
Well the upshot of all that was that I had the clause sucessfully removed from the IVA in return for extending my IVA by 17 months.
It was a very stressful time but overall I am relieved. 17 more months after having been through 5 years of an IVA is a little depresing and daunting but I can at least know that at the end of that tiime I will be free and will not have a considerably larger mortgage.
I think the credit crunch may have worked in my favour as securing a realistcally affordable mortgage proved impossible.
I just thought I would share what I believe is my good news and to thank you for your all your words of advice and support