Super, thanks so much for the time and information..

Ah, ok, the co owner want me to ask: I know you have answered this question already, but the co-owner wants me to just confirm that independently of how we own the house, ie. joint tenancy or tenancy in common, they will only release the equity of my 50%?
Thank you..

Thanks for the info. Yes, they had the other monies owed information. One last one, I own half the house, the other is owned by another person not involved in this, how can I re-mortgage my half, but not theirs? They are not liable for any of my debt, so should not be forced to undertake loads of ne...

I included 3000 that I owed to suppliers and 15000 that I owed to a friend, plus a few personal bills, no amounting to much, but they were not included, instead I was alloted £20 per month for 'other'. Also, there was a paragraph included into the modified agreement that I don't understand, it is as...

I listed other debts that I was not including in the IVA and a few small personal items, the allowed me £20 per month for all other expenditures according to the documents we are currently going over.

Thanks, I am also working on getting a better paying job since currently the IVA takes all of my available cash, leaving me unable to pay any personal expenses and my other bills, if I do get one, will they want all of my excess monies above basic house needs (mortgage, utilities, food)?

How much equity is there currently in your property and how much do you actually owe to your creditors? [/quote] At the moment there is very little equity due to the short term that we have lived here. I am also upset that they would force us from a very good interest rate to a less good one, thus c...