Page 1 of 1
					
				
				Posted: Tue May 19, 2009 5:17 pm
				by indeep
				Hi,
What is the average timescale to have an IVA in place?
Thanks
			 
			
					
				
				Posted: Tue May 19, 2009 5:22 pm
				by mole
				If you go to a company with an in-house IP rather than a company who will have to refer you, I would say between 6-8 weeks.
			 
			
					
				
				Posted: Tue May 19, 2009 6:13 pm
				by ivas4us
				I would agree with the above.
			 
			
					
				
				Posted: Tue May 19, 2009 10:52 pm
				by kallis3
				That's what ours took as well.
			 
			
					
				
				Posted: Tue May 19, 2009 11:28 pm
				by mickyboy
				My started my IVA application on 26 March and was accepted on 11 May 2009 a total of 46 days. If you take away weekends, then it was just 32 working days.
			 
			
					
				
				Posted: Wed May 20, 2009 6:15 am
				by David Mond
				indeep wrote:
Hi,
What is the average timescale to have an IVA in place?
Thanks
It also depends on how quickly all necessary information is provided to your chosen IP. ClearDebt has a fabulous reputation of getting proposals turn round very quickly - mickyboy is the testament to that.
 
			 
			
					
				
				Posted: Thu May 21, 2009 12:01 am
				by MelanieGiles
				It can be done in 24 hours if necessary.  And has been many times!
			 
			
					
				
				Posted: Thu May 21, 2009 1:07 am
				by mickyboy
				i also think alot depends on how quickly you provide details when requested. I was already aware of the documents that i need to return after my initial telephone call to Cleardebt. Whilst waiting for the documents to arrive from them, i had got my paperwork ready, so it was a case of checking and signing the forms and returning them the day i recieved them. Most companies can only go as fast as you go in the proposal stage.
			 
			
					
				
				Posted: Thu May 21, 2009 5:26 am
				by george.c
				I would agree with Indeep on this. I started the process on the 13th of January, I provided all information required by return of post and my creditors meeting is today. The only thing that has held up the process for me is not going straight to a company with an IP. If you are just starting this process, then please read the advice on these pages, unfortunatly I got here too late to take this very good advice.
			 
			
					
				
				Posted: Thu May 21, 2009 5:49 am
				by poppyfairy
				Hi George
Best of luck for today!  We will all be keeping everything crossed for you 
Let us know when you hear - how things have gone!
Try not to stress.  I don't know who your IP is - but am sure they are taking good care of you! 
Have a good day, and may the force be with you! 
Poppyfairy [:)]
 
			 
			
					
				
				Posted: Thu May 21, 2009 5:57 am
				by David Mond
				Good luck George from me