I am currently 4 years and 4 months through my IVA. It is a 5 year with option to re-mortgage at end or an extra 1 years payments. I am advised that I will not obtain a mortgage ( £53000 owed on a £82000 house). I expect to pay the extra year, I have had no issues with payments so far and have con...

My Iva is going well so far (20 months gone). It is the type where in year 5, I will be asked to look at releasing my share of equity. However, at that time I will be 50 years old, with only 7 years left on my mortgage. Can my creditors reasonably ask me to extend mortgage until I was , say 60-65. I...

I am 10 months into an IVA, paying roughly £6500 per year on debt totaling £61000. I will be 49 in year 4 of my IVA and unlikely to be able to gain a satis mortgage. I currently have £20000 equity in my property(joint with spouse) Will I probably end up paying an extra year and will it be just the o...

I am in the procedure of taking out an IVA. I am concerned that if it is reused by my creditors, that I my be liable to bankruptcy. Also, my bank statements show a level of gambling, due to my desperation. any ideas!!