As predicted Credit Fix have not removed the restriction!! Got to wait for them to do it now

I completed my Iva over 2 years ago and am about to sell my home, will the IP’s interest in my home which was registered with the land registry still appear in any search’s the solicitors do? Thanks in advance

Hi, we have just made payment number 69 out of a 72 month IVA. I have been chasing CF since last year requesting we sort out if we have any equity in our home, which may push us into a 7th year but all I keep getting is someone will be in touch. This should have been sorted in month 66 and is now ge...

And could she spend it ?

Hi, what happens if my 8 year old daughter has received an inheritance of £8000, do I have to declare it?

We have just found out exactly the same about our IVA, finishing post is in site after a 72 month IVA and credit fix dropped the bomb that a 7year will be needed if there is any equity in our home, we are also with NRAM. At this present moment I regret going on an IVA !!!

Hi,

Has anyone ever heard of the term Freehold Land and Property payment? If so would it be the same as a usual monthly contribution?

Many thanks

Still no further forward with this, sent all the paper work to credit fix 2 months ago and they have told me today it could take another 4 weeks to get an answer from the creditors when my mortgage is due next week !! Plus they have just dropped the possibity of a 7th year when no-one has ever menti...

Yeah I will phone and ask, many thanks for your help!!

It says during the 5th year the supervisor is to obtain a market valuation, remortgage will be to a maximum of 85% loan to value, if the debtor is unable to obtain a remortgage, the arrangement may be extended by 12 months.

Yes NRAM is a creditor and our mortgage provider. Our original term was 60 months and when that was due to be up I rang credit fix to ask what to do next and they told me to set the standing order up for another 12 months.

Hi, we are currently with Credit Fix who have taken over from Simple Debt Solutions. I keep reading about the equity clause in peoples terms and we have that too, however we have just paid month 62 of our IVA and have never been asked about any equity, can we still be made to remortgage after 6 year...

Amazing and such and inspiration, we are 10 months away from the end of a 6 year IVA and not sure if I could have my time again I would go down the same route x

Many thanks for the advice, credit fix and going to call a creditors meeting, so fingers crossed x

Many thanks for the responses. NRAM are one of our creditors and no we would still have £300 disposable income. I haven't asked our IP if we can reduce our payment yet, I guess I am so paranoid that something is going to go wrong so close to the end of the IVA #128542;