Hi,

You can do a lot of things in an IVA, and of course you could offer a F&F, however, your IP may wish to see the IVA to its full term. Best to identify what you can offer and discuss with the IP.

Hi, I have not contributed for some time on here, but have successfully completed an IVA. My IVA did have a re-mortgage "Clause", however, because of the general downturn in the re-mortgage market, I couldn't obtain a new deal. I made an offer of a full and final in lieu of the 12 months extension. ...

Hi, I have replied to various things on the forum but PPI reclaim and IVA is still in its infancy. However, I have been successful in several reclaims (relatively Small), however I have won them and the redress has been paid direct to me. I would suggest however to; 1. Make sure the IVA has been ful...

Hi, Would just like to say thank you to all the advise I received during the completion of my IVA, Andy Davie and Melanie Giles especially for helping me with information in regard to my 4th year Equity release clause. I know its a little late, but I received my Certificate of Full implementation on...

Hi, Just thought Id let the forum Know that after a long years and 3 variations later, my IVA has been completed. The final variation of £2000 in lieu of my share of any equity therein has been accepted. My IP has received the funds from a third party (my Mum) and all I have to do now is wait for th...

Could there be a possibility then that the fourth year clause is waived as the creditors have not convened a meeting to discuss my options and that once my 60th payment has been made my IVA is concluded. What could be the worst case scenario now?

Any help guys?

Sale of RBS to Santander. I am in an IVA which has run reasonably smoothly, currently about to enter month 56 with 4 more agreed payments to go. I had a fourth year equity clause which stated I obtain 2 offers of remortgage. This could not be achieved. I am still liasing with my Practioner as to wha...

No problem, I will let all know how I get on.

Heres what I am doing folks. Your advice is brill and having just spoke to one of your advisors, I will contact my IP direct and bypass his manager and find out what is happening.

A secured loan would put me a a worse position. The terms of the modification state remortgage. quite simply a secured loan with variable super high interest rate does not help me get out of debt but places me further. As we know, secured loan company are unscrupulous people, especially in this clim...

My IP has not mentioned this yet

4th Year Modification - I have posted on here several times. I am in the 4th year and have a 4th year remortgage modification made by creditors. I have obtained a quote from MBS which says they will lend up to 50% of the property value, basically realising around 2000 into the VA. Based on advice ta...

2nd Varition Meeting Called. Hi, I have posted a few times and as I briefly desctibe my situation, you may recall it is unusual. I am in an IVA at month 47, 13 months to go, I pay 500GBP per month and am up to date. My creditors made a 4th year modification at the start of the VA which said I am o o...

Hi All, just to let the forum Know my Full and final of 7000K was rejected today. However, because I have conformed to the terms of an equity release modification whereby I had to obtain offers of remortgage, I have been advised by my IP to maintain payments and obtain third party funds to cover 200...