Mortgage Express and 'right to consolidate'
I completed an IVA agreement with my creditors on 31 May this year. During the IVA MX repossessed 7 of their 8 buy-to -let mortgages resulting in a shortfall which went into the IVA. MX accepted this and claimed in the IVA. Now that the IVA has concluded they want the equity in the remaining property under their 'right to consolidate', my view is that their other 7 repossession shortfalls were written off on 31 May and that they have no debt to consolidate
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.