www.iva.co.uk

Hi all
This is a question for Ip's if they can help
I have been in corresp (rather parents have) i have Early red of £5000 on my mortgage, valid for another 3 and half years, been bankrupt nearly 12 monhs and OR in Nottingham is refusing to recognise ER figure - i have read on the forum that some OR offices allow it - what can i do???

Thanks a million
xx

Hi
It's strange that they will not recognise this given that the three years will be up within your early redemption period.Does the ER figure reduce as the years go on ?
I would have thought that they wuld be glad to sell the BI on and save the hassle of selling etc
Regards

Hi Andy
No these dont decrease at all which i why i am finding this very strange, if they had to sell the house or i remortgaged these would be payable

Hi
It may be worth you contacting Paul at Reviva,he deals with this sort of thing on a daily basis
Regards

Thanks Andy
Paul can you help with this??

thanks

Hi Zoe

sorry for delay in getting back - only just got home after saving the world !

Delighted to have a chat about the situation - who knows perhaps a little intervention will help.

please leave your contact details on my web page and I will get back to you and have a chat - pls also let me know the best time to call.

take care

In my experience the OR is unlikely to budge on this point - so if Paul can work his magic he deserves a large cup of coffee Zoe!

Thanks Paul
Melanie is right - you deserve more than a large coffee! - i will send details

Hopefully Paul can work his magic - I have not dealt with Nottingham OR - However those down South usually take a pregmatic view - specially if all the facts are presented to them in a written report.

all the best alan

www.debtdr.co.uk