can you swap once entered in a iva?

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tracyj

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Post by tracyj » Wed Jan 24, 2007 5:18 pm
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once entered in a iva can you swap to another firm to manage your affairs
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MelanieGiles

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Post by MelanieGiles » Wed Jan 24, 2007 6:19 pm
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Hi tracyj and welcome to the forum

Only with the agreement of your IP and either a resolution of creditors passed at a general creditors meeting or an Order of the Court.

As both procedures are costly, you will need to have a really good reason for wanting to change. This is quite unusual - are you having difficulties with your Supervisor? If so let us know and we may be able to suggest how you might resolve them.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
View my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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Oliver

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Post by Oliver » Thu Jan 25, 2007 9:16 am
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Good advice from Melanie.

Swapping IPs is very rare as it is both time consuming and costly, why do you want to swap?





Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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