Thanks for your response Andy. In your experience would that be 12 months on top of the original 5 years (so 6 years in total)? The amount that the creditors would get back from that would be a lot less than they would from a remortgage . . . can they take any kind of legal action? Thanks so much fo...

Hello - I'm new here and wonder if anyone could offer any advice on my situation. I'm 40 months into a joint IVA. A proposed remortgage in year 4 of our IVA was supposed to pay the lions share of our contribution to the IVA. We owe £145,000 on the mortgage. Our house is probably valued at about £175...