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!
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
