will the mortgage provider learn of my IVA details?

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rodmunch

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Post by rodmunch » Wed Aug 25, 2010 6:27 pm
i am in my 1st year of an IVA and was wondering about when i get to my 4th year and have to remortgage to raise capital towards my IVA will the mortgage provider learn of my IVA details?
jm
 
 

kallis3

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Post by kallis3 » Wed Aug 25, 2010 6:34 pm
Hi,

Yes they will know of it as they will have been told once the IVA is accepted.

You will probably find that your IVA will continue for a further twelve months in lieu of equity if you can't remortgage.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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orange

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Post by orange » Wed Aug 25, 2010 6:50 pm
is that a knew thing ours didnt know...
completed july 2011
 
 

kallis3

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Post by kallis3 » Wed Aug 25, 2010 7:02 pm
Don't know.

Ours wrote to tell us that we were bankrupt - I soon put them straight on that!

Perhaps yours didn't bother to contact you orange? I know they are informed nowadays.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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