Hi I have received a call from a Insolvency Practitioner regarding an IVA I have applied for and have been rejected because I was unemployed and creditors didn't like it also and asked to apply again once I was in work. Can I apply again and is there anything I can do more to get accepted by a Insolvency Practitioner?
Take advice from more than one company. Andy Davie/Vincent Bond (details under the expert link on the left hand side of the page) can give some free advice as to what is the best solution for you.
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
It also depends on how much your debt is and whether or not you have any assets that might be at risk if you looked at bankruptcy.
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
Bankruptcy is worth considering to draw a line under the debts but do be aware of any property you own etc., Talk to a few experts, not just one to gain some all important case specific advice personal to you.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.