Hi there and a very warm welcome to the forum. You ask as many questions as you want as that's what the forum is here for, support and guidance for all.
You're addressing your debts and you've made the first step of posting so you're moving in the right direction. Have you taken any advice from other companies apart from the one you're having the 2nd telephone interview with this week? It's always advisable to contact at least 2 if not 3 companies to ensure you're getting impartial, case specific advice.
lists some companies and some reviews of these, all our professionals come highly recommended too and can be found via the experts link.
Prior to acceptance of my IVA I made no token payments however, the HSBC did still keep paying themselves from my overdraft which probably doubled over its limit by the time the IVA was up and running. All the unauthorised overdraft will go into the IVA so don't worry.
5th year equity is usually up to 85%, climate wise at the minute it's not easy to remortgage and some IVA's are continuing for another 12 months in lieu of the equity. All will be explained to you in detail by a good IP.
You keep asking any questions and we'll try to help.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.