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by Iwanttobreakfree
Sun Oct 14, 2018 3:02 pm
Forum: full and final settlements
Topic: Selling my home
Replies: 6
Views: 66728

It is not Payplan's place to say what the creditors would or would not accept ... but, the creditors would give weigth on the IP's recommendation, which would probably not been on your side. I have seen F&Fs accepted with more equity potential. After all ... if you didn't sell and let the IVA run i...
by Iwanttobreakfree
Sun Oct 14, 2018 1:27 pm
Forum: full and final settlements
Topic: Selling my home
Replies: 6
Views: 66728

Your conveyancer will need to liase with your IP and your IP should agree to lift the restriction on an exhange of undertakings (professional and binding "promises" ). Your conveyancer will undertake to forward the sale proceeds to your IP in exchange for the IP's undertaking to lift the restrictio...
by Iwanttobreakfree
Sat Oct 13, 2018 8:43 pm
Forum: full and final settlements
Topic: Selling my home
Replies: 6
Views: 66728

Hi, I originally posted about selling and the fees involved from the IVA side of things. I have let abit time elapse and have decided to definitely sell my home and have indeed sold my home (or accepted an offer at least). The accepted offer would see me cover my full and final 100% figure + leave m...
by Iwanttobreakfree
Fri Mar 16, 2018 5:44 am
Forum: Ask IVA Forum and Industry experts
Topic: I want to sell my house 6 months into IVA and settle the IVA
Replies: 5
Views: 4507

<r>Hi completely new to this... I’m in much need of advice and clarity. <br/> I have been in my current IVA for only 6 months now and my circumstances have changed I’m looking to sell my house and move in with my partner and children and settle my IVA. <br/> I approached my IVA firm and asked them h...
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