I completed an IVA in 2005 with my husband. My husband died suddenly in 2013 and I thought I would receive my pension at age 60 but it is now 66. I am now 64. I have doubled my work which is secure as a self employed clerk to governing boards in schools (there is a shortage of us!) but I do not think I can make it financially to May 2020 for my state pension as I am in rented accommodation. There is a judicial review into the 1950's pensions but if we do not receive compensation can I go into another IVA?. I would have succeeded if I had received my state pension at the time I was told. The government still said it would be 60 when my husband died so it was a huge shock to find it moved to 2020.
You can do another IVA -- of course, depending on all other factors as before. A previous arrangement is not a bar. You would have to explain why another is needed but that shouldn't be an issue.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Visit my blog here : http://foggy.blogs.iva.co.uk/