The whole equity release issue in IVAs is currently uncertain, due to the state of the mortgage marketplace, and if you are unable to raise any equity during the final year, your IP will likely call a meeting of creditors to ascertain their wishes in this regard. Melanie - you mentioned (as quoted ...

I'm just new to this forum but i've a few queries regarding iva's. I currently have an IVA via Debt Free Direct which has been in place since Jan 2006 (when 1st payment was made). I have the 'usual' year 4 clause regarding looking at re-mortgaging at the end of Year 4. My questions are as follows: 1...