Hi my meeting is only 4 days away now and i cant wait till it is done and dusted. I know after 54 months it says they will try to release some equity from my home but how much do they take and if they do will my iva finish at 60 months or if they cant take my equity i know they will add 12 months on which i hope will happen
They'll tell you how much equity you need to release - it's unlikely you'll be able to so the extra 12 months is likely.
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.
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Our IVA's over YIPPEE unbelievable!Seems like yesterday it was approved despite everything
I think the 12 month option is likely to happen. It's unlikely you will be able to remortgage either, your credit file would show the IVA unless someone is willing to lend. Anyway, stick with it mate and see through.
