Hi Guys I have a little story to tell :shock: Well I made my last payment on May 1st 2017 BUT Was told due to redundancy payment made to me in January "Yes" I was made redundant so close to me completing my IVA, I decided to start my own business. Well the business was ticking over making a small pr...

****** Made our final IVA payment this morning********
What a great feeling! now just need to here back from my IVA practitioner to find out what we need to do now.
What normally happens?

Well done!
Got my final payment next month!!!

Hi Emanuelz
Did you manage to get a business account?

Hi everyone.. This is the situation. I have 4 payments left!!!!! YES ONLY 4 BUT Being made redundant mid February - really couldn't make this up! :shock: :shock: :shock: :shock: So what happened today is that I put a business proposal towards the sister company that was going to absorb all our past ...

Hi Guys Its coming to the time where I need to provide a mortgage balance and have the home valued for the potential equity release. My IVA practitioner wants to provide there own Charter surveyor for our home valuation. Can they enforce this or can I choose who does it? The agreement is written tha...

Cheers Foggy

Hi so 85% Loan to value on a property valued at £309,900 would be £263,415?

Foggy - I've just realised that the wording is written as if I've written it see the opening paragraph: 4.1 As can be seen in Appendix A, the property -----------------, is jointly owned with my wife. I estimate the current value of this property to be ------------ which is based on a valuation by a...

Foggy so with the figures shown above how would that work out?

OK here is the exact wording of my agreement: 4.3 In month 54 of my arrangement, a valuation will be carried out on the property and I will provide the Supervisor with an up to date redemption statement from the mortgagee(s). 4.4 If that valuation shows that 85% of my interest in the value of the pr...

House equity question Hi Guys In November I have to get our house appraised as we are approaching the end of our IVA . So I've just had an online valuation done just out of curiosity as I do know that house prices in my area has gone up over the last 5 years. Can you check out these figures to see i...

OK now I've just ran my wife's credit report through Experian and she has 999 out of 999 perfect credit! how can that be when we filed a joint IVA? Checked the report and the debts aren't listed on here report? Most of the debts were in my name but 2 of the bank accounts were included in the IVA wer...

kallis - Thanks for the reply

Hi Everyone [:)] Well we've just entered my final year of our IVA and thought I would have a look at my credit rating. I've just pulled my Experian credit report and got a score of 807 Fair credit rating [:D] considering our circumstances I was surprised at the rating, thought it would be abysmal. I...