sell up or full and final please, which is the best way sell up are offer full and final as me and my husband have parted,dont know which way to go would poss come out with a little more if could settle early only 2 years to go on it, anyone any help thanks
I am assuming that you are already in an IVA, Andrea. Can you afford to keep on the property on your own and pay the IVA payments? If not, then selling and downsizing may be the best option. Have a chat with your IP to see what they would recommend.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
been in it 4 years but dont know which way to go offer settlement are sell but if sell they will take all eaquity what bit there will be but need to act quick as i cant afford it
If you cannot afford to stay in the property, then I would get it on the market for sale as soon as possible in the New Year. As hard as it is to face losing your home, a cheaper rented property will seem far more homely and you can leave a lot of the memories about your marriage also behind. Speak to your IP, as if there is equity to be realised you may be able to keep some of it to help with the relocation costs.
