Sorry I meant not favourable to them - the creditors.

One other thing to be mindful of your creditors will be expecting something in kitty from property. I am no expert but my supervisor would not put anything in front of them that was favourable to them. Foggy may disagree with their approach but it happened. The peace of mind paying your dues and mov...

Hello, I took a secured loan in lieu of extra year of payments when equity release clause kicked in. This was tailored to my circumstances - I am selling my property now so will settle amount owed. It was a short term fix to get me where I needed to be and it was all achieved in line with protocol o...

Just curious. I had a current account with high street lender. It had an overdraft which was included in IVA. IVA completed last August, 6 year anniversary next month. Checking on Clearscore the account is still open and shows as a default. How do I tackle this? Do I write to the high street lender ...

I elected to approach Select and they were professional with solid grasp of T&Cs. I don't believe anyone can force you to take any specific product from any specific provider. If you go online to high street providers you won't get far in applying whilst in IVA, flat out no and many IPs know this. S...

Finally received completion certificate and report. 5 years and small secured loan later I am back to the place I need to be to move forward. I just wanted to thank from the bottom of my heart the Forum guests and moderators for all the support and advice along the way. At times I struggled with the...

Dear Blade, My advice is to focus on your health and echo the sentiments already posted. The IVA is a solution that is going to offer you protection in the long run and a means to 'turn things around'. Unless there is a legal imperative for doing so ie regulated profession or working in finance I wo...

Just wondering what the recommended template is for this kind of letter?

Well my month 60 journey continues and I have to admit it is not what I expected. Original agreement included secured loan in addition to remortgage. Prior to IVA I was also issued with a separate letter by the IP Provider which explained how 'Your property is handled in an IVA' - this also included...

I can honestly empathise with how you feel. Felt exactly the same 6 years ago with lots of challenging emotions including deep shame and embarrassment. I would echo the other remarks from Froggy and Kallis and take heart that you are not the first nor the last who will encounter financial problems. ...

Currently a hypothetical question but if via equity release you finish IVA at year 5 and receive your completion certificate what steps are recommended for improving your credit score. I would look to limit credit for day to day life - the ultimate goal is to move home as soon as circumstances permi...

Thanks Rejjy666 - glad you are having a happier experience. SC required physical valuation several months ago as desktop one not reliable enough and it never took place, no follow up or comms or response to my enquiries so I emailed the IP as I felt it was reasonable to do so (month 59). Valuation v...

I am emailing the IP directly, it was only way I could get a response after a protracted delay of non responses from the main address in - however the caseworkers are authorised to respond on their behalf. I honestly think they don't give a sh*t - about debtors anyway. They provided me with a helpfu...

Thanks Foggy. Frankly I think they way this operate is slack and unacceptable - the gateway won't intervene in individual cases but I am pursuing enquiries as well as asking the IP to respond directly to my queries.

Ok, I have finally had response from case handler. They have issued a template response asking me to remortgage etc. Just thought I was asked the panel for any indications on the following. Valuation of property is excessive. Previously they specified a physical survey - no without any explanation j...