My partner has the IVA on his name only and the house has been on the market for over a year. We split but still share house, and finally it has sold. Solicitor has been dealing with the IVA company and they are dragging their heals in every way possible. They say they have sent faxes and letters an...

Thank you for messages and information. Have just got off phone and passed all this to my ex, he is going to speak with his Financial Advisor chap tonight and ask him to go to the IVA company and ask for a final and settlement meeting with the creditors to get the ball moving sharpish as the solicit...

IVA in his name only, dont remember signing anything but not too sure now. There is equity in the house to pay the IVA off, but this will leave him with nothing to come out with from his half, so will they take the whole lot of his half or do they do settlement figures where they can negotiate. I am...

Have an agreed sale on our house but my ex has an IVA on his name on the house. Is there a formal process that needs to be completed from our point of you to the solicitor to make sure the buyer is not kept wiaitng whilst the IVA paid off and sale to go ahead?

Relocation costs? I have sat and worked out the equity in the house as once sold it would leave 28,000 each. I contacted MDC and they said that he has paid 2,270 already and if they took that off then he would pay 10,000, however if there is equity on his side of the sale then he would owe the amoun...

Just one thing...Can the IP say no to selling the house?

Jan, thanks for replying. 19,000 is the debt in full. So does this mean there will be the fees to the IVA that they would of taken. I presume the 19,000 would be the amount we would have to pay back as only been in the IVA for a year this June, and pay 220.00 a month for it?
Helen

Sorry Jan, yes with MDC, just realised it was an abbreviation. The sale of the house from his half would pay off the IVA, but I dont understand how it will work fully. I thought that if the house sells then the IVA can be paid off , if the debt was 19,000 surely this is the amount that is then paid ...

What is MDC?
When you say IVA amount and Creditor amount, does that mean the extra that the company have charged for the process in the first place?
Helen

Splitting with partner and he has the IVA in his name and it is in the first year coming up this July. The house has equity in it and would pay off his IVA in full and the sale of the property would pay my own debts to creditors. How do we go about getting the IVA lifted off the house or asking for ...

Partner been in his IVA for 4 months only. We need to part company sadly, and the house will need to be sold. Niether of us can afford to buy the other one out, or run the house and debt on thier own. Where exactly do we both stand. I have my own debt although not in a Debt Management Plan, surely t...

Kallis3 & Lesley_, thank you for your welcome messages. I agree I will tell my partner tonight that he is not to snwer the phone, aslong as they dont start ringing him at work. Its been so hard to maek the final decision to do this, and dont need hassling over it by the creditors. I blame myself to ...

Thank you for your message. What is the meetin date? Nobody mentioned a meeting date. We were told that the creditors meet, or kind of, they tend to not meet in person, they decide and then we get to know, Is the meeting one where we are supposed to go?

All documents and paperwork sent off last week, and now waiting to see if we get excepted. Credit card with Barclays was due to be paid on 17th June and already had two calls from them tonight, First was a recorded message and the next I did not answer as came up as o845 number and new it was them a...

Filled in a form online for an IVA and spoke to the chap from his company around 6 times already. I know this is the way forward but have major concerns, is it normal for a comapny to charge a fee, the representative said his companies fees over the 2 and half years total two and half thousand - Is ...