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Posted: Tue Jan 20, 2009 9:08 pm
by mtm_uk
Can you enter into an IVA for a second time if you have successfully completed one a number of years ago?
Posted: Tue Jan 20, 2009 9:36 pm
by Lisa2009
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.
Posted: Tue Jan 20, 2009 10:27 pm
by plasticdaft
There is nothing to stop you applying for another IVA.Did your last one run until completion??
Posted: Wed Jan 21, 2009 12:58 am
by MelanieGiles
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.