equity release in a full and final IVA

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joanne.w

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Post by joanne.w » Sat Jan 16, 2010 11:59 am
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With a full and final IVA does equity still have to be released from your property?
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Shining

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Post by Shining » Sat Jan 16, 2010 3:51 pm
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Hi Joanne, I'll bump this back up for one of the professionals to answer.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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MelanieGiles

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Post by MelanieGiles » Sat Jan 16, 2010 5:38 pm
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Not necessarily, but the amount of equity you have in your property will determine the reasonableness of any offer. Do you have the need to release equity during the fourth or final year of your IVA?
Regards, Melanie Giles, Insolvency Practitioner
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