thanks, and what happens to my iva?

thanks melanie

just so i am clear, what happens to my iva if i went bankrupy as i have no disposible income to maintain any payments and i appreciate that we are vearing of the subject a bit but would my liability to pay the mortgage cease?

thanks melanie

as the kids are young it would be at least 12 years before the equity was available, if i chose bankruptcy would this mean that i would not be released from that until the equity was paid to the official receiver?

thanks melanie

if i chose bankruptcy could the or overrule a family court decision on the house ie house got to be sold to pay creditors or is the family court decision final?

thanks chri.q

what if my wife could not afford to buy me out,
my disposible income is zero after paying all my commitments and maintenance, total iva £90k

at the moment no official agreement on the house as i have been informed by my solicitor i would most likely lose a request to sell the house at court due to the children, equity of about £30k split 2 ways, was going to remortgage at year 4

any advice welcome, in sept 07 i started an iva and in january 08 my ex divorced me but still lives in the family home with my kids and now pays the mortgage although i still am liable for the mortgage and own a share of the equity but not live there, i have ceased paying the iva for 6 months on my ...