Alternatively, you could approach your IP with the OFFER to sell the house, for the purposes of making a full and final offer --- on the understaning that if the offer is rejected then the house will not be sold and the IVA will continue "as is". The amount for a F&F will be based on the number of remaining payments (plus 12 in lieu of equity) multiplied by your current monthly payment ( which should be a lot less than a full settlement ).
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