i paid into an iva for 2 and half years and not one penny went to my creditors, the company said all the £234 a month I paid was their fees! I sought legal advise and my solicitor felt i was missold the iva and therefore I cancelled it under advice. I am still in the same situation but 4k in mortgag...

hi, I had an iva which i cancelled due to the company i was with had misled me in alot of ways and as such the person who i dealt with lost his job. Is it possible to go for another iva and can any1 recommend a reliable company please?

can you apply for a 2nd iva if the 1st one failed, also wot is the minmum payment on an iva?

Hi does any1 know if your 1st iva fails would 1 2nd b accepted?

Hi Wizard thank you for your support here. My friend was not working and is not working since the iva was took out. He went into the iva on a pension only? The company is now investigating him stating he is working, but why would they think that?

Hi wizard thank you for your reply, my friend is 68 years old and only has his pension so why would anyone say he is working?

Hi my friend has an iva and he is being investigated by the company as they are saying he works but does not, who, why and how do the iva company find out these things?

He is very distressed that someone thinks he is being untruthful in his iva.

Hi can you do another iva if 1st one fails? Also on the failed iva papers it says I have not interest in property and the IP would not be looking to issue bancruptcy, what does this mean please, thank you

Hi there, another question for some advice please, what if I sold my house and then declared myself bankrupt? There would not be enough equity to do lump sum settlement for the amount the IP wants. That way I wouldn't lose my house I would of sold it.

Thank you everyone.

Hi, my dad has an IVA all agreed about 6 months ago and his main creditor was Barclays (approx 30k) they agreed his IVA with no problems.

Hope all goes well.

Hi everyone thank you for your advice, what is the process of the IP failing the IVA could anyone tell me please and how long the process takes? Is it true they inform the creditors and the creditors then chase me, can the IP declare me bankrupt or is it up to me or the creditor to do that? Thank yo...

Hi I have been in an IVA for 18 months now and have not been able to pay every month. I am now two months behind in my mortgage, I am single parent and have just been laid off work. I can't afford the payments to the iva anymore, I have paid nearly £3,000 into it only to find none will got to the cr...