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 bankruptcy postbag for march
 made bankrupt although Solvency is proven
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170 Posts

Posted - 16 February 2007 :  11:55:13  Show Profile  Reply with Quote
My IP prematurely failed my IVA. after 2 years and £11,000.00 in payments - the fees were all absorbed by the IP via £8k in his fees and £3k in legal fees
My creditors received nothing from 2 years of contributions.
I have now settled all of my creditors to their satisfaction but have received a bankruptcy petition
Complaints with regard to the IP to their regulator the IPA got no where.
I would appreciate your advice on whether or not someone who contracts in an IVA can be made bankrupt if it fails although Solvency is proven

BankruptcyHelpline
Junior Member



United Kingdom
195 Posts

Posted - 17 February 2007 :  16:34:05  Show Profile  Reply with Quote
Who is the petition from?

Regards, Dennis,
www.BankruptcyHelpline.Org
02086269366
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