www.iva.co.uk

can your bankruptcy application be turned down even if your iva fails

If you can show you're insolvent then I believe not, it's the final option I guess.

I don't think you will have a problem - as long as you can show to the court that you have taken advice about your insolvency then you'll be fine.

Do check with the court as to whether or not they require to see a termination letter for your IVA. Some do, some don't.

Bankruptcy orders are still discretionary and only made at the hands of the Court. In most cases, however, they are automatically granted.