relocating to another part of the country

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t.d

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Post by t.d » Mon Jun 25, 2007 8:55 pm
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I have had an iva for 10 months and i am relocating to another part of the country, in doing so i was planning to leave the equity in the house and then remortgage once moved to release enough to offer to end my iva early. Do you foresee any problems i may encounter?
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keh

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Post by keh » Mon Jun 25, 2007 8:59 pm
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Hi t.d and welcome

If you could post details of your iva.. creditors & how much you owe...How much you currently paying and the Equity Release clause in the contract Im sure one of the experts will be able to advise better

Keith

The long and winding road will straighten out eventually....keep the faith
Last edited by keh on Mon Jun 25, 2007 8:59 pm, edited 1 time in total.
Keith

The long and winding road will straighten out eventually....keep the faith
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MelanieGiles

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Post by MelanieGiles » Mon Jun 25, 2007 9:01 pm
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Are you planning on selling the property, or renting it out as an investment? And what provision was there in your IVA for the treatment of the equity in your property?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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