Im.looking at doing a iva but my husband wont sign anything that shows i will be enforced to remortgage tge house will i be asked to, he blankly refuses to
You are unlikely to be able to remortgage but may have to take out a secured loan if you have enough equity. There will be a restriction on your property so you can't sell without the IP's permission. He may well have to sign a form RX1 to go to Land Registry. Speak to several companies for some more specific advice.
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
It is, sometimes, possible to re-work the proposal, leaving out the property and the equity issue, but you will have to mitigate this by adding one or more years to the term of the IVA ..... and then, only if the creditors agree. You might need to shop around to find an IP who will consider this.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
