www.iva.co.uk

I have finished my IVA this year and it will be 6 years from the start in Jan 2016.....

Can anybody help with this one please:

Looking through some application forms and am wondering if I'm correctly interpreting this question -

"Have you ever been declared bankrupt or entered into a voluntary arrangement with a creditor in the last 6 years"

Would this mean 6 years from the start or the end...? My take is that it would be from the start, since they are using the word "entered"...?

Cheers

Personally I would use the start date -- if this was prior to 6 years ago, I would answer no.

I agree with foggy ... the word entered infers start.

Ryan ....what's your interpretation ?

I agree with the others - your answer would be no and no-one could criticize you for answering in that way.

Entered means start date. Well worded form for a change!

Paul

I'm glad that others share my opinion, could this be the start of a realistic view from lenders?

I agree this implies the start date but it also shows that there is a potential to treat IVAs and bankruptcies differently. It asks have you 'ever' been bankrupt as opposed to entering an IVA in the last six years. This means you would probably have to mention any bankruptcy no matter how old and this could be held against you.