About to finish our iva in September and doubts about releasing house equity

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Cookie

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Joined: Tue May 23, 2017 2:39 pm

Post by Cookie » Sat Jun 03, 2017 3:31 pm
Yeah hopefully not. Are they allowed to do that without giving us the option in the first place or even explain it? Would that mean if so we would have no choice but to do that or could we contest it . Don't understand how they would put us another£33000 in debt or be allowed to.
Thanks

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sat Jun 03, 2017 3:40 pm
They shouldn't ask you to agree to anything without your full knowledge --- However, it is a common subterfuge to hide less popular details in "small print" or simply by placing it so you just don't notice and sign anyway. I can never stress enough that you should fully read anything before agreeing!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Cookie

Posts: 17
Joined: Tue May 23, 2017 2:39 pm

Post by Cookie » Sat Jun 03, 2017 3:44 pm
Yes i seem to be finding out now that can't trust everything. I just went on the phone conversation I had saying it's just to help to keep things up to date and not to worry about it.
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