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Posted: Mon Nov 10, 2008 8:15 pm
by richymichy
if a person has succesfully completed an IVA in the past and has the cert of discharge - can they do another IVA?
Posted: Mon Nov 10, 2008 8:24 pm
by Casper
A good question......not sure the creditors would be too chuffed though.
Welcome to the forum by the way.[:D]
Posted: Mon Nov 10, 2008 9:33 pm
by MelanieGiles
Yes - you can do as many as you like, but obviously the earlier ones have to be disclosed and creditors will no doubt be concerned to see if there are patterns of reckless spending as opposed to simple bad luck or circumstance change.
Posted: Tue Nov 11, 2008 10:25 am
by size5
I have posted previously that I am seeing a small, but gradually increasing, number of "2nd IVA" scenarios.
What that says about consumers and creditors alike travelling down the same road again is of course another matter, however I can't recall any cases I have had in these circumstances being rejected at creditors meeting.
Regards.