HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 Forum Questions
 Struggling to pay IVA payments. Is bankrupcy an option ?
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

Terry.23
Starting Member



1 Posts

Posted - 07 August 2011 :  17:16:03  Show Profile  Visit Terry.23's Homepage  Reply with Quote
Struggling to pay IVA payments. Is bankrupcy an option?

Blackie
forum expert



United Kingdom
565 Posts

Posted - 07 August 2011 :  17:41:04  Show Profile  Visit Blackie's Homepage  Reply with Quote
HYi Terry.23

Yes bankruptcy is an option. However as both IVA's and bankruptcies are legal processes, you cannot do both. You would therefore need to speak with your Supervisor as he/she will need to produce a Certificate of Non Compliance allowing you to declare yourself bankrupt.

Hope this helps.

John Blackadder
Bankruptcy365

For help and advice on the easiest and most effective way to a debt free future, please go to www.bankruptcy365.co.uk.
Go to Top of Page

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 07 August 2011 :  20:01:13  Show Profile  Reply with Quote
You need to speak to your IP and see if there is a way forward with your IVA. It would be a shame if it were to fail.

Hopefully you can come to some arrangement with them rather than having to go bankrupt.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
xxx
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06