My sister in law works for a mortgage broker so that shouldn't be too difficult to get a quote etc. Thank you so much for your help

You have no idea how much of a weight you haver lifted from my shoulders. I thought I would have to be declared bankrupt because I didn't think I would be able to release the £10k.

If it started in Jan 2006, do I need to be looking at remortgaging now or when should I?

I've never missed a payment or anything and at the moment pay £256 a month - are the payments likely to remain this or will they go through the roof. I know I sound a bit naive but it's nice to finally find people who can answer questions like this for me!

I'm sure that it says I have 12 months to pay the £10k if I can't raise it by remortgage, does that sound right. I will have to get the papers out tonight and read them properly

Its with the house prices dropping and everything - I can only remortgage for 75% or something can't I anyway?

My IVA started in Jan 2006. I know I have to pay in £10k at the end of my IVA by releasing some equity from my property. My current mortgage is £40k (approx) and I have a secured loan on the property for £20k. When I took out the IVA my property was valued at £80k. When they informed me I would have...