Overtime and Equity Release

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jordan22

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Post by jordan22 » Thu Jun 26, 2008 3:53 pm
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If you do a lot of overtime,whilst in a IVA,would the Equity Release in year 4 be less than if you did no overtime?
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MelanieGiles

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Post by MelanieGiles » Thu Jun 26, 2008 3:57 pm
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No - they have absolutely no relation to each other, unless you had paid off all of your creditors and the costs of the IVA by year 4 in which case there would be no need to raise any equity.
Regards, Melanie Giles, Insolvency Practitioner
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