Im in month 54 of my IVA with payplan

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John.km

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Post by John.km » Sun Apr 13, 2014 7:26 pm
Im in month 54 of my IVA with payplan, I have sent them my house valuation and mortgage redemption statement. there is about £400000 equity. I phoned payplan and they put me through to another department of theirs, they said they would send a remortgage rejection letter to my case officer, can anyone tell me what all this will mean. and will the creditors accept this?
 
 

martinw

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Post by martinw » Sun Apr 13, 2014 7:53 pm
are you sure that's right £400,000 of equity(value of property - mortgage left) is a lot ?

Martin
 
 

No_Money

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Post by No_Money » Sun Apr 13, 2014 8:26 pm
I would suspect £4000.00?
Officially debt free as of 10th Feb 2015
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