Your house will have a restriction on I would think and your IP would be notified if you tried to sell, therefore you would have to tell your IP and I'm sure they'd know how much equity was in the property. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
You could not sell without their permission and they would know exactly what you sold it for.
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
If you agreed to an equity clause when you signed your proposal you do have to abide by this now and the IP will know how much equity is in your property. Have a chat to your IP to work out exactly how much equity creditors are entitled to if you get the asking price.
