IVA Failures

It's happening. IVA plans are failing.

We've been reporting for over a year that the day will come when people start coming to us saying their IVA has failed. This day seems to have arrived as more and more people are turning to us for last ditch help.

What options are there?

Because you have gone down the IVA route already, the most likely option is bankruptcy. This might sound like what you were trying to avoid but brutal fact is you have little choice or alternative. If your bankruptcy is handle by people like us who know what we're doing and have experience in this area, bankruptcy is a very real and unpainful option with a clear path and clearer timescale than an IVA.

What to do now?

Has your IVA Failed or have you been notified of an IVA Failure? Either call us on 0845 120 1 120 or complete the IVA Mis-selling form

Why are IVA failures happening?

Mostly it's down to the fact the plan wasn't right in the first place. An IVA was an easy way for some companies to make a lot of money quickly from your misery. Even the banks don't like them which is why so many of them now reject IVA proposals without much consideration.