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upside1980

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Post by upside1980 » Mon Jul 19, 2010 4:16 pm
I've completed my 5 years of payments but had the clause to release equity or 7,500 into my agreement at the end. I was unable to remortgage as my property is shared ownership but i had 30,000 equity,
But on friday my creditors voted in favour of just an extra 12 months payments and to remove the equity clause so now i only have to pay another 3,500 and it's all finally over!
 
 

plasticdaft

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Post by plasticdaft » Mon Jul 19, 2010 4:50 pm
Fantastic bit of news and gives hope to anyone else in a similar situation. Saves on a costly remortgage too!!!

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

kallis3

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Post by kallis3 » Mon Jul 19, 2010 5:04 pm
Great news, you're on the downward slope now.
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
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