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Posted: Fri Mar 09, 2012 10:06 pm
by katiew86
hi all,

I was just wondering whether there is a maximum number of months that an IVA can be extended to?

Thanks,

Posted: Fri Mar 09, 2012 10:39 pm
by kallis3
Hi,

They are usually extended to 72 months but I don't think that's set in stone.

Posted: Sat Mar 10, 2012 8:40 am
by Shining
If you already had a 72 month IVA (maybe NR as a creditor) could it be extended to 84 in lieu of equity, I've no idea and one to check with an IP just thinking aloud? x

Posted: Sat Mar 10, 2012 9:17 am
by Broke of London
I have seen one or two people have 24 month extensions in lieu of equity, but they seem to be extremely rare.