Hi been in an iva for 5 years paid in £28.000 in the final year was to introduce the equity of the house in the iva but was out of work.The supervisor was informed about this but never came back to me with a solution bespite sevral calls now 2 years after the iva was suposed to end had a letter from the supervisor saying he intends to bankrupt me as i have failed to enter the equity by way of remortage i have also found out that the firm that set the iva have gone bust themselves the supervisor has moved to new firm and taken the case with him was told friday that over £25.000 of my hard earned money thay i payed in to the iva was taken in ips fees work that won out now he comeing after the equity in my house how can this be allowed.
How much equity is there? I thhink you need to phone up & speak to someone in authority because they shpould be finding a solution to this for you, that's what you pay IP fees for.
There is something very wrong this however you need to post this on the sister site www.iva.co.uk there are many IVA experts who will look into this for you