having selected an IP

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anais743

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Post by anais743 » Tue Mar 18, 2008 2:37 pm
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What is the latest stage you can decide not go ahead with

1) the IP

2) the IVA

regards
'There are no secrets to success. It is the result of preparation, hard work, and learning from failure
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Oliver

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Post by Oliver » Tue Mar 18, 2008 2:39 pm
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You can decide to pull out of your IVA at any point (you can simply stop paying into it) but you will then be back to square one again.

Once you have had your IVA approved by the creditors it is notoriously difficult (time consuming and expensive) to change IPs.
Best Regards
Oliver
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emma_t

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Post by emma_t » Tue Mar 18, 2008 3:16 pm
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Hi anais

I got right to the recieving the proposal stage when I decided to change IP and I had no problems with this, I felt I was not being properly advised by the first company.
Be positive & look after yourself, there are more important things in life than debts....

Best Wishes

Emma x
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Adam Davies

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Post by Adam Davies » Tue Mar 18, 2008 3:52 pm
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Hi
As others have stated you can pull out at the creditors meeting stage if you change your mind or do not agree with any modifications.Once agreed at the meeting and your IVA is live you are with your IP through thick and thin but can stop paying into your IVA at anytime.
Regards
Andam Davies
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