i have an iva but just realised they will want 40% of any overtime i do at work which was the only thing keeping me a float. Is it possible to declare bankruptcy while in an iva? many thanks in advance paul
You need to fail your IVA i.e. miss three payments in order to claim for bankruptcy. Once your IVA has failed you will get a certificate from your IVA company stating that your IVA has now failed, you will need to provide this to the court.
declaring bankruptcy while in an iva?
Posted - 24 March 2009 : 15:48:57
