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How many times you can enter an IVA ?
Posted: Wed Mar 08, 2017 5:21 am
by ralf
How many times you can enter to Iva?
Re: How many times you can enter an IVA ?
Posted: Wed Mar 08, 2017 7:54 am
by Foggy
There is no official limit, as far as I am aware. But you will need to explain the reasons you cannot handle your finances to the creditors and, I imagine, their patience might wear very thin!
Re: How many times you can enter an IVA ?
Posted: Wed Mar 08, 2017 11:04 am
by Michael Peoples
Foggy is right. We regularly propose second and the odd third IVA for people but you do need a valid reason. HMRC in particular do not like this so if you self employed you would need an even better explanation.