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AlmostThere30

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Post by AlmostThere30 » Wed Mar 12, 2014 7:16 am
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font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by MelanieGiles

Why are you not able to speak directly with the IP? Who is telling you that this is not possible, and for what reason?
Whenever we call & ask to speak with the named person on our IVA we are told he's not available. In almost 5yrs we've never spoken to the guy. :-(
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Struzzo39

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Post by Struzzo39 » Wed Mar 12, 2014 7:39 am
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is there not links on this forum to email them direct?
Steven & Debbie
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AlmostThere30

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Post by AlmostThere30 » Wed Mar 12, 2014 8:15 am
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font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Struzzo39

is there not links on this forum to email them direct?
Where would I look Struzzo? I've emailed the contact emails I do have, but they are just advisors.
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AlmostThere30

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Post by AlmostThere30 » Wed Mar 12, 2014 5:08 pm
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House valued at £162-£165k with a maximum of £170k being advertised for. This means we have no equity at all as redemption is £169900.
Does this mean that's it? Will we really be debt free come August 2014??
Karen.
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Desperate Bob

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Post by Desperate Bob » Wed Mar 12, 2014 6:08 pm
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You may need to get a 2nd valuation, if your firm requires it that is.

But basically that is the end for you, you cannot be extended and the IVA will conclude after 5 years.
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MelanieGiles

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Post by MelanieGiles » Wed Mar 12, 2014 8:39 pm
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If that valuation is correct, then it is clear that you have no equity in your property, and therefore the issue of whether you need to raise any equity becomes a non-issue.
Regards, Melanie Giles, Insolvency Practitioner
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