Search found 5 matches

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by John.87
Mon Jul 21, 2014 12:51 pm
Forum: Ask IVA Forum and Industry experts
Topic: IP states he will recommend bankruptcy and force my house to be sold if I can't remortgage
Replies: 10
Views: 3497

I have made an offer. I am currectly awaiting a decision on whether it's accepted or if bankruptcy is recommended.sorry for the delay in replying. font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Wayne.46 Hi we have recently posted on the forum with a...
by John.87
Mon Jul 21, 2014 12:46 pm
Forum: Ask IVA Forum and Industry experts
Topic: IP states he will recommend bankruptcy and force my house to be sold if I can't remortgage
Replies: 10
Views: 3497

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by MelanieGiles Ask your IP to confirm to you exactly where in the IVA it gives him the power to apply for you to be made bankrupt - and if he is able to do this, where he can demonstrate he made this cle...
by John.87
Wed Dec 25, 2013 8:33 pm
Forum: Ask IVA Forum and Industry experts
Topic: IP states he will recommend bankruptcy and force my house to be sold if I can't remortgage
Replies: 10
Views: 3497

I am very worried about my iva terms and conditions. I'm in an additional year because I can't remortgage and have equity in my home. My IP states he will recommend bankruptcy and force the house to be sold if I can't remortgage. This was not clearly stated in the terms and conditions. The whole poi...
by John.87
Wed Jul 10, 2013 5:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: IP says I may have to sell my house if I can't remortgage. What options do I have ?
Replies: 2
Views: 1184

Hi My IVA is period has reached 5 years. My IP is preparing for the creditors meeting. My share of the equity in our property is 96k. The balance of debt is approx 64k. My IP has suggested I try to remortgage via an non high st lender as my current lender and several other high St lenders have refus...
by John.87
Mon Jul 30, 2012 12:23 pm
Forum: Ask IVA Forum and Industry experts
Topic: Hi I am just entering my last year of an IVA. I can't afford to get a mortgage to clear the balance.
Replies: 1
Views: 781

Hi

I am just entering my last year of an IVA. I have been asked to apply to two lenders for a remortgage to clear the balance. I can't afford to do this. If I don't get an offer I will have to keep paying for another 12 months. What are my options?
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