Does my second IVA carry on from the previous one ?

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suedl61

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Post by suedl61 » Tue Jun 07, 2011 8:33 pm
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HI I HAVE BEEN IN 2 IVAS NOW WHEN THE SECOND ONE STARTED IS THAT ANOTHER 5 YEARS OR DOES IT CARRY ON FROM THE PREVIOUS ONE.? THANKS
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leaKybrain

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Post by leaKybrain » Tue Jun 07, 2011 9:37 pm
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not sure about that, not heard of two IVAs before, am sure someone will be along that can answer it before too long
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Shining

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Post by Shining » Tue Jun 07, 2011 9:41 pm
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Hi if your first IVA failed and you proposed a second one and that was accepted it would run for the full length I would imagine, i.e 60 or 72 months. I would imagine it's a totally different IVA. However, one of our IP's may be able to give a more definitive answer. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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carlmcmullen

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Post by carlmcmullen » Tue Jun 07, 2011 9:53 pm
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Hi There.

As Lesley as suggested it was be a brand new proposal so would run its full course and wouldnt simply carry on from your previous arrangement.

Carl
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