Can you enter into an IVA for a second time

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mtm_uk

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Post by mtm_uk » Tue Jan 20, 2009 9:08 pm
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Can you enter into an IVA for a second time if you have successfully completed one a number of years ago?
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Lisa2009

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Post by Lisa2009 » Tue Jan 20, 2009 9:36 pm
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Hi and welcome.
Yes you can propose another IVA but im sure questions will be asked to why you have got into this position again.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
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plasticdaft

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Post by plasticdaft » Tue Jan 20, 2009 10:27 pm
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There is nothing to stop you applying for another IVA.Did your last one run until completion??
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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MelanieGiles

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Post by MelanieGiles » Wed Jan 21, 2009 12:58 am
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I have done this occasionally, and so long as the reasons are genuine, and not as a result of reckless borrowing again, there is no reason why your creditors would not consider another commercial offer of settlement.
Regards, Melanie Giles, Insolvency Practitioner
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