Oh thank you this has cleared up a few questions that have been floating g around in our heads. It doesn't make the end date seem that far away now. Thank you everyone

Hi Lisa thank you for that I have just checked our paperwork and that's what it says. If there is no equity is that the end if the iva arrangement.

Hi can anyone tell me what happens after the 5 year point if you have your own house.I think I remember them saying you have to have your house valued if there is equity in the house at that point how much of it can they ask for?
Thanks in advance Julie

Thank you Michael I will. I have just been reading g through my Iva terms and the payments are set for 59 Monthe after this point is it right that they do a valuation in your property to see if there is any equity in it? If so how much can they ask for is it a percentage?. Our house is in negative e...

Yes Michael it was our mortgage company.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Michael Peoples

Was it your mortgage company who said you could not rent out the house or your IP?

Hi my husband and I are in an iva. We are feeling trapped at the moment as we want to relocate. My husband has the chance if a new job near where we want to relocate. I am feeling cut off where I live. I have a chronic illness that has no signs of ever getting better. At times I do not feel safe to ...

We have an Iva If I get a bonus from work what % will the iva take from me?