Thank you for your advice. I am quite happy to let my IVA continue as it is at the moment - we are okay with the payments and I really don't want to get in a mess with my money now especially as I have a budget and I can stick to it. The only reason I said the secured loan was the worst thing I did ...

The mortgage would be financed by GE Money Home Lending Ltd

Yes - he said that Samantha Fenton of Accuma is supporting a variation on my IVA for a full and final settlement to my creditors. I've never spoken to this lady before although whenever I speak to Accuma I always get a different person. I think he must have got our details off the Register. Accuma n...

Yes, he has contacted Accuma and I've had to send him a Income and Expenditure form for them but I haven't signed any mortgage documentation.

The Mortgage Broker is from Gains Park Mortgage Centre and we were approached by 'phone. We curently pay £295.00 per month on the secured loan with GE Capital Lending.

I currently pay £257.00 per month to the IVA Company which is Accuma. There are approximately 30 months left to go. They also have half of any overtime and bonuses my husband earns and in the first year they also had about £3,500 in monies earned from the sale of my Barclays shares (which annoyingly...

I have an IVA (in my 3rd year) and will have to pay some equity in my 4th year from my house (via a re-mortgage) it has been suggested by a Mortgage Broker that I release the equity now £15,000 & ask them to accept this in full and final settlement. What do you think?