Could someone advise me got to mth 54 of IVA

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julie.ty

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Post by julie.ty » Sat Apr 12, 2014 3:03 pm
Could someone advise me got to mth 54 of iva /have today submitted my redemption cert for mortgage and secured loan on house totalling 106,000 and by zoopla my house is worth 177,000.What will I have to get a remortgage for my total debts beginning iva were about 32,000 and my mthly payment 160 pounds a mth.Many thanks
 
 

Michael Peoples

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Post by Michael Peoples » Sat Apr 12, 2014 4:36 pm
There is equity but it would be difficult to raise any if your surplus income is only £160 per month. An extension seems likely but your own IP will confirm this.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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