I started my IVA 5years ago and it seemed the righ...

I started my IVA 5years ago and it seemed the right thing to do, BUT looking back it wasn't. The IVA should of finished this year and I thought it had but after 5mths of me thinking it had, I started getting treating emails from Credit fix stating I had fallen behind in my repayments, I called them straight away and they explained due to the property market in my area the value of my property had gone up. ( they did no market evaluation just assumed it had gone up ) i got a free market value done on the property and i was correct it hadnt gone up and it would be a lose of 28k to us and I would be in a lot worse of a place then when I started the IVA, The IVA was meant to be the solution the problem after the term. I truly feel they lock you in to the 5 year term to be able to move the goal posts at the end when you think you can move on with you life you can't . Because remember if you property does go up in value or you have less then 85% of your mortgage left to pay, you will be asked to re-mortgage to pay your debtor's off! if you get a promusion at work and get a pay rise you be told to pay back more. It's still not over for me and now I'm having to fight this because they are so close to putting me in a even worse place then when I started.not to mention the stress and anxiety this is causing me and my family. I really do wish we had lost everything with the bankrupt option because once we had taken that option we could of started to rebuild our lives not having to think in 5 years time I have to go bankrupt again or be in more debt !! Credit fix is not the answer to thinking your problems will go away once you have signed uo with them.They will still be after your blood even after you think it's done and dusted even after you think you have none left.

the update is........ they have closed my IVA but no apologie has been given by credit fix ..... we feel like we can finally move on with our life's. after 10mths of being left in limbo.!! please just avoid...... manage your own finance or if you are to deep In look at bankruptcy at least when you jumped through the hoops for bankruptcy you can move on with your life's. you can't do that with an IVA even after your term is complete.they will want more even if you still don't have it.