Releasing equity into an IVA

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wendy724

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Post by wendy724 » Fri Mar 22, 2019 3:53 pm
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I took out a Iva in 2012 this is now year 7 I have 560 pound to pay they are saying for missed payments then they are now talking about equity from my house how is this fair
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Foggy

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Post by Foggy » Fri Mar 22, 2019 4:14 pm
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What was the agreed term at the outset ?

Do you agree that there are any missed payments to be made up ?

Equity release or a 12 month extension are standard terms for homeowners and are detailed in the agreement you signed. What, exactly, are they saying about this ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Ryan

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Post by Ryan » Fri Mar 22, 2019 4:14 pm
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Hi Wendy,

Were there any missed payments that you are aware of? Which Company are you with for the IVA?

Regards
Ryan Radford
IVA Mortgage Expert
Zebra Money Centre

IVA Mortgage advice needed? Looking at Right to Buy and completed IVA still on credit files ?

Contact me at http://www.ivamortgageexpert.co.uk or via the expert page
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