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Posted: Sat Feb 02, 2008 3:50 pm
by ollyrharness
If there is an amount of equity in the house that the IP is unwilling to agree to be utilised or moved to a potential invest that could generate more equity, but insists on the original property remaining as is for the 4th year equity release and in that time any equity is lost due to falling house prices what happens?

Posted: Sat Feb 02, 2008 4:02 pm
by MelanieGiles
You don't end up having to pay any more money to creditors. IVA supervisors are not empowered to speculate on property investments.