To be honest I think it would be pretty hard to remortgage with anyone whilst in an IVA. I would think what will happen is that you will have to pay a further years payments on your IVA.
I agree that it will be difficult. I have to try my own company and one other but I'm resigned to having to carry on for another twelve months.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
My 4th year equity release clause kicks in soon, I e'mailed my Supervisor and asked what happens if I cant remortgage or there is no equity available?
The answer was they would ask my creditors for the asset to be removed from the arrangement, no mention of an extra 12 payments, I'm keeping my fingers crossed, big time.
IVA COMPLETED ON THE 17th MARCH, FINAL I&E COMPLETED 26th APRIL, COMPLETION CERTIFICATE ARRIVED 2nd AUGUST
