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Posted: Mon Jan 12, 2015 7:45 pm
by steven mills
my variation meeting was 6 month ago,due to a windfall i payed early after 2 year,with 7,500 interest(est),got a phone call to say all creditors accepted,my question is i am selling my house can they stop me or take my equity off me?
Posted: Mon Jan 12, 2015 8:09 pm
by Foggy
They could do if the sale completes before you get the certificate of completion, as, until that time, you are still bound by the IVA.
Depending upon the wording of the offer they accepted and Full and Final is rarely either.
There will also be an RX1 restriction on the property which is only usually lifted when the certificate is issued.
Posted: Mon Jan 12, 2015 8:30 pm
by seagulls
I would wait for the CC before you sell your house !
Posted: Tue Jan 13, 2015 9:18 am
by Shining
I would agree to wait for your Completion Certificate before proceeding with the house sale to avoid any complications.
Posted: Tue Jan 13, 2015 10:23 am
by Michael Peoples
It sounds like you repaid the debts in full plus interest so you can go ahead and sell. There must be no debt left.
Posted: Tue Jan 13, 2015 6:00 pm
by steven mills
hi guys thanks for info,update"phoned dfd today to explain and they were very helpful.he said the restriction should have been lifted last year when my solicitor wrote to them,he also said go ahead and sell i owe zero pounds,and even offered to talk to solicitor if any problems arise,
Posted: Tue Jan 13, 2015 6:35 pm
by Foggy
Excellent Steven. Do, however, try to get that in writing.