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Posted: Fri Jul 31, 2009 11:27 pm
by mehta
IVA cancelled due to not meeting payments. Advice please on re-instating it.
Posted: Fri Jul 31, 2009 11:31 pm
by Adam Davies
Hi
If it has actually been failed then you will need to look at proposing a fresh IVA. If your IP has not actually failed your IVA then you can ask them to continue with it if you can agree a way forward
Regards
Posted: Fri Jul 31, 2009 11:42 pm
by MelanieGiles
Hi there and welcome to the forum
How many payments have you actually missed? And has your IP served you with a Notice of Default or a Certificate of Termination yet?
Posted: Fri Jul 31, 2009 11:48 pm
by Lisa2009
As you have missed payments, are you sure you would be able to start making them again?
Posted: Sat Aug 01, 2009 8:58 am
by mehta
Hi Melanie,
I have been served with a Notice of Termination, i havent spoken to my IP yet as he was unavailable but i have seeked further advice and was looking at either starting again as i feel the reason for it failing in the first place was genuine, alternatively i am able to borrow a cash lump sum, and wanted to find out how i can try and go fo a final settlement IVA
Is this something that you might be able to help me with?
Posted: Sat Aug 01, 2009 9:07 am
by Adam Davies
Hi
If it has not already actually failed then it will be more cost effective to try to work out a way forward with your own IP, this could be a lump sum payment
Regards
Posted: Sat Aug 01, 2009 9:13 am
by mehta
Hi Andy
It has actually failed as the Notice of Termination has been received myself and sent out to my creditors!
Posted: Sat Aug 01, 2009 9:15 am
by Adam Davies
Hi
Ok, well you could propose another IVA. Speak with several companies/experts
Regards
Posted: Sat Aug 01, 2009 9:19 am
by mehta
Hi Andy,
I would like to try and speak to yourself and Melanie for some advice and ways forward
I have left my details for you to contact me on your website, i look forward to hearing from you and thank you for your advice so far
Posted: Sat Aug 01, 2009 9:37 am
by MelanieGiles
Both Andy and I will be happy to try and help you sort something out.
Posted: Sat Aug 01, 2009 6:31 pm
by MRBLUESKY
hi mehta keep us posted because your case could be helpful to others,i hope you can conclude another iva through a lump sum offer.
Posted: Sat Aug 01, 2009 6:58 pm
by plasticdaft
Good luck with your money troubles Mehta,oh and welcome to the forum.
Paul
Posted: Sat Aug 01, 2009 7:15 pm
by kallis3
Hope you manage to get things sorted mehta.