i have recently divorced and have dept due to various loans, and mortgage. before my ex-wife and i divorced we entered an iva dept management program, which has now been split between us, but i am currently living with my parents and struggling badley finantialy. would i be eligable for bankrucy?
speak to your IVA provider as the IVA formally has to fail before you can petition for BR.
3 months missed payment.
the court to petition will have to be at the time of petitioning where you have spent most time in preceeding 6 months.. (commonly called your COMI - centre of main interest)
Please speak to your IVA provider and see if the company can help you.
Any BR petition will cost you £700 each and you can, if you really want, go BR. Your IVA company can issue you with a failure letter before three months you need it.
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