Why do you think a dmp would be better? Your credit rating is screwed, interest can be added etc. At least the iva is legally binding so offers some protection.
Think seriously and get professional advice from someone who has the benefit of your overall financial position.
Why would you want to do that? Can you give us some more details please.
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
Hi and welcome, in answer to your question, yes you can but it's not always advisable. Have a chat with your IP if you're experiencing difficulties and see if you can iron these out first.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
You can, by allowing the IVA to fail. However, you have no guarantee that all of your creditors ( or any of them) will agree to a DMP, or what conditions they might attach.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
and your assets will be at risk and risk of Bankruptcy etc ensuing. What is the reason you want to get out of your IVA? Suggest this is resolved instead.