Is there any difference between failing my IVA through missing payments and contacting my supervisor and telling him i want to fail my IVA to go bankrupt? Other than common courtesy that is.
From what I can tell there is not much of a difference as it takes around 3 months to fail the IVA either way.
If you go straight to bankruptcy that would obviously invalidate it.
I'm assuming you want a different supervisor if you go down this route.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Don't forget that you will need to save up the fees if you are going bankrupt.
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
