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Skippy

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Post by Skippy » Sat Apr 10, 2010 11:07 pm
But surely if someone has a repayment mortgage there will be more equity to be released at the end of the IVA as more of the mortgage will have been paid off?
 
 

MelanieGiles

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Post by MelanieGiles » Mon Apr 12, 2010 1:37 am
I think that most of us feel that re-mortgaging to release equity at the end of the IVA is pie in the sky Skippy! A nice idea, but out of date and unrealistic in today's marketplace.
Regards, Melanie Giles, Insolvency Practitioner
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