Thinking of letting present IVA fail and starting a new one

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Dean.m

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Post by Dean.m » Fri Jul 25, 2014 12:48 pm
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Looking for some advice at the moment I'm not getting on with my iva company and thinking about letting that one fail and starting over since I haven't been on it that long is this a good idea
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Foggy

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Post by Foggy » Fri Jul 25, 2014 12:51 pm
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What problems are you having with your current company ?
Last edited by Foggy on Fri Jul 25, 2014 12:52 pm, edited 1 time in total.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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MelanieGiles

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Post by MelanieGiles » Sun Jul 27, 2014 10:34 pm
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Well it is certainly possible Dean, but I would always try and work within the existing one where you can - as creditors will be concerned to see it failing at such an early stage.

Which firm are you with, and what is causing you the angst at the moment?
Regards, Melanie Giles, Insolvency Practitioner
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Adam Davies

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Post by Adam Davies » Mon Jul 28, 2014 10:40 am
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Hi

Try and work out a way forward with your existing company otherwise all or most of your money that you have paid in will be lost in fees and costs.

There is also no guarantee of a new IVA being accepted

Regards
Andam Davies
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