Can you still be made bankrupt at end of IVA

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Skippy

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Post by Skippy » Sun Sep 02, 2012 5:07 pm
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It's easy for people to say don't use the banks but in reality it's impossible.
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Heretoday

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Post by Heretoday » Sun Sep 02, 2012 5:50 pm
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While that web site is full of inaccuracies there are many fragments of truth contained within it!
For example this thread is called “Can you still be made bankrupt at end of (IVA)”

Well I have it in writing from my IP that yes you can be made bankrupt right up until you receive that elusive completion certificate.
7 years after starting an IVA I finally received a completion certificate from ClearDebt
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Niobe

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Post by Niobe » Sun Sep 02, 2012 6:49 pm
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Agree with Skippy - we all need banks and I'm more than happy with Nationwide at the moment.

Heretoday - whilst your debts are not written off until you get that completion letter, the chances of your creditors making you BR are slim to none as it would cost them a fortune to do so.
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