How many times you can enter an IVA ?

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ralf
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by ralf » Wed Mar 08, 2017 5:21 am
How many times you can enter to Iva?
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Foggy
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by Foggy » Wed Mar 08, 2017 7:54 am
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!
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Michael Peoples
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by Michael Peoples » Wed Mar 08, 2017 11:04 am
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.
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