Page 1 of 1

Posted: Tue Aug 21, 2007 2:56 pm
by s.b.w
Any idea's on how many IVAs' actually run through the full 5 year period and are successful?

As some of you may know, I'm in year 4 and on the road to completion and there seem to be so many stories of people failing IVAs? Or is it just me?

I must admit, I'm finding it hard, but I'm in the homestretch and looking forward to the time I can finally say I'm debt free.

It would be nice to hear your opinion?

Sharon [:I]

Arghhhhh!!!!!!!!!
If only I'd said NO!

Go to my blog at:

http://shazzy.blogs.iva.co.uk/

Posted: Tue Aug 21, 2007 3:14 pm
by Adam Davies
Hi
According to Mark Allen,who is a partner in Grant Thornton,the official figure is 22% but he feels it is nearer 30%.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

Posted: Tue Aug 21, 2007 3:37 pm
by s.b.w
WOW... that low?

I always looked on my IVA of being quite easy... maybe I one of the luck ones?

Shaz

Arghhhhh!!!!!!!!!
If only I'd said NO!

Go to my blog at:

http://shazzy.blogs.iva.co.uk/

Posted: Tue Aug 21, 2007 3:48 pm
by Adam Davies
Sorry,i should have made it clear that the figure is for failed IVAs.So it,s about 70% that are successful,unofficially.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

Posted: Tue Aug 21, 2007 7:31 pm
by s.b.w
Oh right....

Thanks for that.

All the best

Sharon

Arghhhhh!!!!!!!!!
If only I'd said NO!

Go to my blog at:

http://shazzy.blogs.iva.co.uk/