www.iva.co.uk

Surely once you have tried to remortgage twice with no success to get equity from your property towards the end of a 5 year IVA and your IVA confirm in writing that your IVA will then extend a further year as a result . Then a month later they go back on this and say they are passing your case onto specialist broker to act on your behalf to try again to release equity this can't go back on a decision can they??

If the IVA has been extended then the property is now excluded and no further call can be made upon it. In any event, unless you have signed up to 2014 Protocol or later they cannot force a secured loan on you ( which is what this company will be looking at ). A couple of firms use a product designed to, basically, pay up the extension year, thereby ending the IVA early. See: http://debtcamel.co.uk/perinta-loans-end-iva-early/ . Aperture have a slightly better version. In some cases this works, but, on the whole, a waste of time and money.

You cannot be forced to accept any new loan once the extension has been granted. It is an option available if you want to take that which many people will do. If you are happy with the extension and do not want to look at settling early just inform your IP.