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CAN I CONSIDER LOOKING FOR A DEBT MANAGEMENT PLAN IF I AM ALL READY IN A iva PLAN AND WHAT DO I NEED TO DO THIS

Hi lorne

Could I ask why you would want to do this ?

An IVA is a fairly long term commitment, and if you are in the early stages most have your payments will have gone in fees, so even if you can get out of it the best you may expect is to be back to square one.

-Best

Please view my blog at www.go4broke.blogs.iva.co.uk

'6 years sticking my head into the Lion's mouth of debt !'

Well your IVA would have to be ended first - and this could only really be done if you defaulted on the payments and your IP failed the arrangement.

Doesn't seem a sensible option to me, but if you post more information about your reasons perhaps we can understand a little better.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

the reason being i have not yet made any payment towards this plan reason i sign the forms and sent back to the company but my bank would not allow be to still up any standing orders for payment i have also notice that they are not paying all my creditors. which is puzzleing me and i have email them so that they can send me a list off all my creditors. and i am not happy

Lorne

It sounds to me as if you have not been correctly advised about the IVA. Have you had any contact at all with your IP? When was the IVA accepted? How do you expect your IP to be paying creditors if you have not yet made any contributions?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk