Hi
Not entirely sure if this is the correct forum for this type of post however, any advice would be greatfully received.
I am currently in an interlocking IVA with ex hubby, in joint property with 2 children with morg and secured loan.
House worth 100k approx, first charge owed 94k second 50k so as u can see major neg equity, loan was given in 2005 when they were giving 120% ltv. Meantime husband left me with 2 children and cannot pay both liabilities and neither can he as he is now paying for rented flat.
Went to shelter for advice they recommended MRS, first charge agree