Hi Melanie.
At this point we do not know what the amount of equity would need to be raised,can i ask if you have any idea please?
I think we have at the moment around £17,000 equity will the creditors want all this amount or just a percentage of it any advice appreciated .
Thankyou

hello thanks for the welcome , Our debts are £50,300 and we will be paying £300 per month into an IVA,but this will include the house being valued in the fourth year,we dont really want to do this as we know we have difficulties getting a mortgage we did when we bought this house because we are self...

Hello, My parents know about me and my husbands level of debt and they said if we enter into an IVA they will give us around £19,000 to end it early when their money matures it will be maybe in the 3rd or 4th year,will we be able to end it early and would it matter that my parents are giving us the ...