maximum length of IVA

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katiew86

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Post by katiew86 » Fri Mar 09, 2012 10:06 pm
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hi all,

I was just wondering whether there is a maximum number of months that an IVA can be extended to?

Thanks,
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kallis3

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Post by kallis3 » Fri Mar 09, 2012 10:39 pm
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Hi,

They are usually extended to 72 months but I don't think that's set in stone.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Shining

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Post by Shining » Sat Mar 10, 2012 8:40 am
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If you already had a 72 month IVA (maybe NR as a creditor) could it be extended to 84 in lieu of equity, I've no idea and one to check with an IP just thinking aloud? x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Broke of London

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Post by Broke of London » Sat Mar 10, 2012 9:17 am
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I have seen one or two people have 24 month extensions in lieu of equity, but they seem to be extremely rare.
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