can anyone tell me if it is normal to still recieve letters when iva has been accepted. i am extremely worried ,just recieved letter from a debt recovery agency saying they are going to sanction a doorstep visit to the property and to avoid this payment must be made in 72 hrs. help what do i do ? iv...

Thanks for your reply mel. I was already seperated from wife before i took out iva. They have said that if i couldnt remortgage i would then carry on paying in to iva for another year. ex did get advice and was told that the RX1 form she signed was only to inform land registery if house was put up f...

I will check the terms. ex signed the RX1 form only Mel but thats it.

thanks for the reply Niobe. no my ex is not in an iva. sorry didnt understand did u mean that she wont have to be involved in applying for remortgage in final year.

my house is fully paid in 3 months time.so will have equity of 120,000. what are the chances of me having to remortgage at end of term. i have been told by ip they will want a remortgage of 20,000. however house is jointly owned but i am seperated from partner she still lives there with child. would...

yes mel. it is to cover mortgage repayments in the event that any of us die. not sure why i am being asked to produce it. what will it be for and would i have to get my own life insurance if she still refuses.

iva just been accepted. big weight off my mind. my Ip is now asking for a copy of life insurance for the house. i am seperated from my partner but she still lives in house which is jointly owned [shes not in iva}ex refuses to give me a copy because she has been paying it herself as she says they wer...

what would happen if property jointly owned and only one person was in the iva, when asked to remortgage the person who is not in the iva refuses to do this.

let me know how you get on Tony.

can i just say thanks to everyone for their help and support ,which has enabled me to understand an iva better i am so grateful.

what are the chances of getting a remortgage whilst in an iva, also i will be 55 then would my age go against me.

if i had to remortgage at end of iva, would this mean my ex partner would then owe half of it Because house is jointly owned, or would i just remortgage on my half.

my proposed iva has a clause to say if we try to sell during the life of iva land registry will be informed. also the RX1form says the restriction is for the whole of the property. as the debit is personal to me why dosent it say part of the property. What does this mean for my ex partner who owns h...

paid 30,000 for the house which is now worth 125,000 and will be fully paid in 6 months. would i be better taking a DMP instead ?

i am thinking of entering an iva as i have deb.ts of 50,000, i have joint ownership of a house with my ex partner, however my mortgage will be fully paid in 6 months time. how will this effect me as i will have a lot of equity.