How long will it take to get house restriction removed now my IVA is cancelled ?

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john675
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by john675 » Tue Nov 21, 2017 12:48 pm
Hi I canceld my iva i had my letter of termination letter just waiting for the final letter I was just wondering will the restriction on my house be liffted
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Foggy
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by Foggy » Tue Nov 21, 2017 1:39 pm
It should be, but I have seen conflicting advice regarding this as the house is an asset of the IVA, just as PPI is --- PPI continues to be payable after termination and, as I say, I have seen advice stating that equity can be treated the same way. I would proceed on the assumption that the restriction will be lifted and write to the IP requesting confirmation that it has been done.
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