Even If we were able to get a remortgage and extend it from the current remaining 14 years to 32 years (retirement age and we'd be looking to do anyway at some point tbh) then is it expected that we would have to repay the total amount of debt that we owe in the IVA contract? or do we have to only agree a figure with the creditors and contribute a percentage of the remaining debt (i.e like a full and final settlement offer would be if we offered less to end it)
I'd obviously love to end this thing ASAP and move on but I want to know whats best for be financially. i.e if its better to extend it for another year and we get to write off a large chunk then it could be a better option.
Who is onlineUsers browsing this forum: Bing [Bot] and 25 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location