How do i know what or if my IVA people are paying the creditors.

I guess the end is in sight, so i'm getting a bit twitchy.

Only 10 official months left [|)]

Will my credit rating ever get better...[:(!]

In answer to the question. I have been in my IVA for just over 4 years. Not really had too much trouble with it. There was an occasion where i had to reduce the amount (agreed) for 3 months due to unforseen circumstances ( my car packed in). All that behind me now but there will be a small amount of...

Thanks for the advice guys..

Interesting thought.

If i have to re-mortgage as part of the last year equity release, the IVA is in my name only not my wifes, who is also on the mortgage.??

What would happen to the equity, or at least her part of it. !![?]

Thanks for your response Melanie, its a great help to me. I agree with you about perhaps re-mortgaging to a better rate. We are currently paying an interest only mortgage. If we could do something to improve our rate, maybe to a fixed rate. It would be helpful. My concern is that my credit rating is...

Is it possible to agree an early settlement with my IVA company. Perhaps through re-mortgage, or is this not a good idea. Thanks for your previous advice for my IVA. I have been paying it with no problems for the last 16 months but with the uncertainty over mortgage rates, i would like to change my ...

Thanks for the help everyone. Another reason why i may not be able to re-mortgage is my mortgage provider. GE Money. They say that early redemption of the mortgage will result in penalty clauses. This coupled together with any IVA settlement may take me into a position whereby they feel that i would...

I owe approx 14,000 pounds and am in the 2nd year of an IVA. I believe that my property value has increased to a point wherby the equity would be able to pay off the IVA. My IVA agreement is such that i have to re-mortgage in yr4, and i believe that the company who control my IVA take a slice of the...