Just paid a settlement figure to my IVA company

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rachel241
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by rachel241 » Thu May 04, 2017 8:48 am
Hi I have just paid a settlement figure to my IVA company as creditors agreed to let me settle early! Can I now sell my house or do I need to wait for my completion certificate
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kallis3
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by kallis3 » Thu May 04, 2017 9:16 am
You need to wait until your completion and the restriction has been lifted.
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Michael Peoples
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by Michael Peoples » Thu May 04, 2017 12:40 pm
The IP could remove the restriction now but better to push for the completion statement. Usually when a full and final is agreed the property is then excluded so it may be okay but speak with your IP.
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Foggy
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by Foggy » Thu May 04, 2017 6:09 pm
IF the property has now been excluded -- get that in writing ! Otherwise it would be prudent to wait the couple of months until you get the certificate of completion -- until that time, you are still bound by the terms of the IVA and many F&F lump sums merely absolve you from the regular payments only until the CC is issued.
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