Hi Just to let you guys know my offer of 17800 was accepted and i'm now awaiting a completion cert. So its all over for me now, thanks for all the advice.

Cheers
Ali

Hi Andy,

Just got off the phone with my IP they desided it would be a good idea to talk to me after all! As on my other thread its all looking good now and I hope be be out of this mess soon. Thanks for all the support!

Ali

Ok had some good news today, my mortgage offer is coming along well and i have now spoken to my IP at Debt Free Direct who thinks my offer will be accepted so he's starting the paperwork! With a bit of luck this will all be over in a couple of months time.
Ali

Can anyone tell me if i have the right to demand to speak to my IP, i'm in an IVA through Debt Free Direct and the call centre operators wont let me speak to an IP....help!

Cheers Davie,

I've just put a call in to Debt Free and am getting them to have my IP call me back to discuss the way forward.

Thank you for your advice....why did I not find this site before I dont know, I think it would have been more help before I entered into my IVA!!

Thanks again.

Thank you for the info on fees....it’s not clear from what they sent me how it works. Having been there yourself Andy what are your thoughts on my situation??? Because Debt Free Direct are so big it seems impossible to talk to anyone other than a call centre person and that’s not very helpful. Whils...

Thanks for that Hara, I've been thinking about this again today and think that maybe my offer (remortgage offer that is!) might not be too far off the mark....£34k less expeses over the next 3.5 years or £20k now, when you think my creditors are being charged £3,500 in fees for year one alone maybe ...

You are right in what you say, however its only a gamble on what my house will be worth in year 4, almost everyone thinks its peeked now, I live in Ashford and we have justvlost our fast train link, we have interest rates going up and lots of empty property here...this could be the best i could ever...

I paid £170,000 for the house 4 years ago, sorry if that was not clear!

simple thats wot is was when i took out the mortgage...its value has gone up to 194,000 thats not wot i paid for it!

Ok I think i'm getting this now...I have made 16 payments making £8240 however as my mortgage rate will revert to non discounted in year 3 my IVA payments will drop to around £350 per month as agreed. This makes my total payments left £16720? My mortgage is 90% LTV now which gives me the £20,000 aft...

Oh yes one more thing....I'm locked into the mortgage with high early redemption penalties totaling nearly £8,000 at present.

Hi and thanks for your input, ok the house is worth £194,000 acording to my mortgage co. and I have an interest only mortgage of £153,710.70 on it now. They are offering me £20,365 as a further advance. My property was included in the IVA for the 4tyh year equity release as you say. Hope this info h...

Hi I wonder if anyone can help me... I entered into an IVA in April 06 with a total debt of £70,183. I was put in this position by my ex wife when she left me and subsequently divorced me. I had never missed a single payment for anything in my life but just could not handle that amount of debt on my...