If he cannot do that he will have to make payments for another year.
Your ability to sell your current property is not something he really wants to think about as if you try and do it at this point (which his IVA company would probably agree to) that would mean any equity from his side would go to paying off his creditors.
I am assuming that his IVA company know about the property he has inherited.
You need to seek legal advice to understand what your options are and get an independent view.
You should seek legal advice about your own property and his entitlement. If sold, some of his share would go to his creditors so you need to protect the property from them both.
Who is onlineUsers browsing this forum: Google [Bot] and 10 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