Thanks. I've just spoke to my IVA case handler, they have stated that they wouldn't be looking to extend the IVA period by 12 months as there is no equity (now or in the foreseeable future) at 85% :). I just need to send them an email to get the variation meeting preparation in motion. Thanks for yo...

Hi Foggy, thanks for this. Based on this, looks like the IP will refuse my proposal. If I proposed to continue to pay the monthly payments until july and also offer the full and final payment, do you think this is possible and worth the IP's consideration? Many thanks for your advice.

If the IP adds on another 12 months @ £91 per month £1091. What do you think would be a fair and acceptable offer? Currently, I am proposing £2600 which equates to the full value to the current end date.

Thank you Foggy. For me . . . Stepchange have been fantastic and fair in my dealings with them thus far, here's hoping that continues moving forward

Thanks Foggy. Stepchange are manging my IVA.

I have around £2,800 outstanding and have offered £2,800 to end the IVA whilst providing clear rationales for ending the IVA early . . . . so I've got everything crossed.

Thanks again.

Hi everyone, I have a additional property equity clause to extend the IVA for another 12 month if the equity amount at 85% is £5,000 or more. As part of my offer, I had obtained an estate agents valuation, market values on Zoopla and the mortgage redemption statement. I calculated the 85% property e...