Posted: Wed Jun 09, 2010 2:32 pm
Hi all I'm coming up to my 5th year in my IVA and will have to extend my payments for 12 months as i do not have any equity in my property. (Part of the agreement)
The thing is... I've had some problems with the electrics in my flat - which i'm geting sorted at the moment - although this is flagging up more and more problems. I have just started a secondment at work which means I have to travel 5 hours a day to get there. i really want to move as a) easier for work b) the flat needs so much work I'm not sure if it's worth the expense (I've never wanted to stay here and was planning to move when the IVA has finished.
Do you think it would be possible for me to move in the next year? I would try to rent the place out - but again would have to spend money on it, or could i sell it whilst still in my IVA (problem here being it may be sold at a loss)
please advise as I really don;t think I can stay here any longer. It's in an awful area and everything's falling apart!
What can I do so i don;t have to live here anymore?
The thing is... I've had some problems with the electrics in my flat - which i'm geting sorted at the moment - although this is flagging up more and more problems. I have just started a secondment at work which means I have to travel 5 hours a day to get there. i really want to move as a) easier for work b) the flat needs so much work I'm not sure if it's worth the expense (I've never wanted to stay here and was planning to move when the IVA has finished.
Do you think it would be possible for me to move in the next year? I would try to rent the place out - but again would have to spend money on it, or could i sell it whilst still in my IVA (problem here being it may be sold at a loss)
please advise as I really don;t think I can stay here any longer. It's in an awful area and everything's falling apart!
What can I do so i don;t have to live here anymore?