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by mteegee
Mon May 10, 2010 5:33 pm
Forum: equity release
Topic: No equity & only 5mths left in IVA???
Replies: 17
Views: 16084

Afternoon
I have spoken to my IP & they have confirmed if no equity, i just have to pay the £150 to release us from the IVA.

So thank to all
5 mths & counting
Clare[:X]
by mteegee
Sat May 08, 2010 12:01 pm
Forum: equity release
Topic: No equity & only 5mths left in IVA???
Replies: 17
Views: 16084

Yes that is right IF there is Equity. But, there is NO equity in the property.

So I want to know what they will do as the is NO Equity?
Sorry for any confusion
Clare[:I]
by mteegee
Sat May 08, 2010 9:04 am
Forum: equity release
Topic: No equity & only 5mths left in IVA???
Replies: 17
Views: 16084

Thank you all My IP should be ringing me on Monday after work (i'm a Mortgage underwriter, so it would not go down to well at work). If my emps new about the IVA i would not longer have my job :-(, so only our parents know about the IVA. We have managed to keep it away from our work & friends which...
by mteegee
Sat May 08, 2010 8:41 am
Forum: equity release
Topic: No equity & only 5mths left in IVA???
Replies: 17
Views: 16084

[8)]

So as my proposal does not say that if there is no equity they will extend by 12mths.
How could they make me extend by the 12mths for having not equity as we have never been told this before.
Thank you in advance
Clare[:I]
by mteegee
Fri May 07, 2010 7:05 pm
Forum: equity release
Topic: No equity & only 5mths left in IVA???
Replies: 17
Views: 16084

Hi & hoping someone will be able to assist. My husband I are in an IVA, which is due to end in Oct 2010, so 5mths left to run. I am just sending back our payslips etc for the last 6mth review and I called my IP to confirm what happens between now & Oct 2010. I have been dealing with a lady who has n...
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