Oh crikey! The thought of that again would totally fill me with horror! For us the iva was the biggest wake up call we needed in order to learn how to budget and not use credit unnecessarily!!
But sometimes things outside of your control take over and although it would not be my wish to complete another IVA, one never knows. I'm in control of my borrowing right now and don't have debt as such but hoping one day to get a new car and move house.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
To be fair, I doubt any of us actually "planned" an IVA in the first place! Whilst no-one would want to go through the process again it IS a case of "never say never".
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I've acted for a number of second time a rounders, and so long as the circumstances which have led to the debts second time around are readonable, there should be no reason why a second IVA would not be acceptable to creditors.