is it possible to apply for IVA for a second time

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garethh

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Post by garethh » Mon Jan 28, 2008 10:16 am
I had a failed IVA two years ago. I now have a more substancial income. I have considered bankruptcy and do not wish to go down this route. I was wondering if it is possible to apply for an IVA for a second time?
 
 

pbeck

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Post by pbeck » Mon Jan 28, 2008 11:15 am
Yes, you can apply for another IVA, however, the creditors will be aware that the previous one failed, you would have to convince them that this one would be more likely to succeed.
Philip Beck - www.freeivaadvice.co.uk

Licensed Insolvency Practitioner and IVA specialist since 1996.
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