I failed an IVA a year ago as I was out of work. I am now in a position to do another IVA, will I be reconsidered for this or will it be a problem as I missed payments on my last IVA before it failed?
PJG Recovery have a free online advice channel at www.debtadvicetv.com. If you are ready to ask us for specific advice or help, then get in touch at www.pjgrecovery.com/contact-us.asp . I look forward to speaking to you.
Hi xxxx71 and welcome,you can get a second IVA yes, I take it your failed IVA left the creditors chasing you again for settlements? Have circusmtance changed so that the possiblity completing a new IVA to its full term?
Speak to a few companies via ask the expert section to get an idea on what can be done
Took The plunge and made the call, changed our family life and we have never been happier. Debt free and wont go back..... IVA was by far the best thing we ever did to teach us the real value of Family and money
Probably not that unusual a situation. If you were happy with your old company I would be tempted to ask them for advice as finding a good firm is hard to find.
Good luck.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Definately - we have done quite a few of these in the last year, and well done to you for wanting to have another go. So long as the reasons for the earlier failure are fully explained to your creditors, I am sure they will be supportive.
Plasticdaft - I am unclear what you mean when you say "finding a good firm is hard to find"? Can you clarify please, as I think there are a lot of good IP firms to choose from personally.
Not so much being "hard to find" but it is a case of sorting the grain from the chaff. This is where forums (fora??) such as this come to the fore ... and loads of research.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
