My mother owes 32k unsecured debt. She has no savings and only about £50 per month disposable income. I have been paying her minimum repayments but can not continue to do this. I can raise 10k to offer full and final settlements pro rata to her 6 creditors. Do you think this is enough for companies ...

With a full and final IVA does equity still have to be released from your property?

I have received conflicting advice regarding the release of equity at the end of an IVA. One company told me that we would not be required to pay any equity at the end of 5 years because we have recently remortgaged to try to control our debt, but it is not enough. Our house has been valued at 250k ...