The forms arrived last Thursday... passed to this company in Carlisle from GT

Hi, I entered into IVA with BE then was transferred to GT, I made my last payment in August 2012 and was told my CC would take around 3 months. 13 months on & no CC, I have received a letter of of engagement & letters of authority to sign from a PPI company in Carlisle asking me to sign and return i...

Thanks Bridgewood,

Just spoken to my IP, advised to obtain 3 valuations and send them in, creditors will then be contacted to see if a remortgage is a viable proposition. Thats all my IP would say at this stage.

Updates will follow guys....

Thank you for your advice Ladies, I will be getting valuations and approaching lenders within the next few weeks.

Regards....

Thank you both for your valued advice, you are correct when you say it is the most stressful time of an IVA but as you say, may not be as bad as I imagine it to be due to the current economic climate.

I will keep you posted as to my progress.

Thanks again...

Having entered my IVA in 2006, I'm now rapidly approaching my end of year 4 equity release proviso. Could you please advise me what I need to do step by step on the run up to getting an equity release, i.e. valuations, applying for loan etc. Also, if I am able to obtain funds to pay into my IVA, wil...

Thank you for your response, if anyone else can help, the information would be greatly apprieciated.

Could anyone guide me through the process of arranging an equity release whilst in an IVA. I'm currently nearing the end of year 4 of my IVA and have to try to remortgage 14k. Also, what happens with regards my monthly payment to my IVA if the remortgage application is accepted by a lender, do my IV...

No problem, but even so, I would'nt be offering any more than you were going to pay anyway over the remaining term of your agreement. Good luck with it all tho'.

Hi, correct me if I'm wrong but if you continued to pay £352 per month for the next 20 months to the end of your agreement you would pay £7,040. Why would you be offering 10k as F&F ? I'm sure your good self or a forum expert will put me right if I am making wrong assumptions here !!

I was under the impression that the very maximum term for an IVA was 5yrs but could be extended to 6yrs if that provision was set out in the contract at the time of inception. Please correct me if I'm wrong...

O.K. Melanie, thanks again and thanks to everyone else for your good wishes, I will keep you all informed.

Thanks for your best wishes. I know that the word "reasonable" can be interpreted in so many ways but in my case I owe around £7,500 but also have an equity release clause within my IVA at the end of year 4 set at £14,800. I have already approached lenders to see if I can borrow the equity release a...

Thanks very much Melanie, appreciate your time in replying... Fingers crossed then eh

Help with compilying Full & Final settlement letter please. Could any one out there assist me as to how to word a request letter with regard to making a full and final settlement offer. My partner who is not named on my IVA wishes to help by offering a gift to settle my IVA account early. If anyone ...