Let me get this straight you have less then a year of contributions left and your IP wants you to take out a 15 year loan ?? If that is the case they should be ashamed, and if they try forcing you please check your IVA wording carefully because I'm not sure they can force you to take out a loan .. I...

Sorry to hijack but how would you work it out if it was a joint mortgage and my partner wasnt in an IVA only me .. for example mortgage remaining £145,000 and house value £175,000

Hi I pay approx 500 a month and have 2 years left (12k) (3 years if extended due to unable to remortgage (18K)) .. Wife pregnant and stops working full time from march meaning I am unable to continue paying the IVA. we have About 20k equity in house (10K of which is mine and 10K wifes) Family member...

I've said it once and I'll say it again , its absouletly disgusting the way DFD are treating there clients. If the wording of the IVA states REMORTGAGE (as per other DFD posters) then thats what should happen and if not able to get a REMORTGAGE then there should be an extension of 12 months. This is...

In regards to shaved_ape's post I think its Sickening that DFD think they can threaten you with bankruptcy because you dont apply with a company of there choice (and in my opinion probably linked to them)! If there is a financial link between DFD and there specific lender/broker then there seems to ...

Check your paperwork immediately. It looks like you are also with the same IVA company as Andy.tw who appear to be the only company pushing people to secured loan rather then remortgage. If you paperwok states if you are unable to remortgage then an extension of 12 months can be enforced, then remor...

Andy.tw Absolutely disgraceful the way they are treating u , you have kept your end of the bargain and they should keep to theres . Your proposal im guessing is similar to mine if its an IVA protocol compliant one. Mine makes no mention of Secured loan whatsoever , it clearly states REMORTGAGE... An...

Goosed hit the nail on the head, come my 4th year and time to get a remortgage if my IP suddenly turns around and says - "You have been unable to get a Remortgage and although I could extend your IVA for 12 months where you will then be Debt free as per your contract I thought I would do your credit...

Does anyone have figures for people who have managed to get a remortgage in year 4 of an IVA? I must have read literally thousands of posts and have never come across anyone who managed it, if some have managed it due to having enormous equity then I'd still hazard a guess that its the minority (sub...

I totally agree with Foggy , its really not that complicated ,the contract states Remortgage and failure will result in 12 month Extension , clear as day , whats the argument? His IVA company are undoubtedly trying it on and Im 99% sure they will be better off if he took the loan rather then the 12 ...

If your IVA company did not do an annual review Consisting of I&E changes , Salary (p60 and Payslips) then they are Cowboys and should not be trading as an IVA Company .If they did and you hid the Salary increase then Im afraid you should of known better .

Andy.tw I have exactly the same clause in my IVA. There is no way to interpret it to mean anything other then how it reads! There is absolutely no mention of Secured loan in the text it specifically states Remortgage NOT Secured loan or any other method to raise funds. Its crystal clear and in black...

I have read tons of posts but all answers seem to contradict each other, I will give my circumstances and would appreciate any answers , thanks in advance ! Hi , I was Involved in a car crash in Dec 2011 , had whiplash, neck and back injuries for a few months, still get the odd pain in lower back bu...

Melanie

Thank you so much for responding so quick .Was getting worried that it would cause alot of friction btwn me and my wife if this was not the case. x

Hi If my IVA gets accepted and my wife recieves an inheritance during the IVA period does this effect me in any way. I know for the IE her income was calculated and she was shown to be contributing to the household bills but will they expect her to pay more thus increasing my contributions if she ha...