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mis sold iva

could you please help ! i have been mis sold my iva and i need some advice on what to do next:(

Comments

  • kns_2
    kns_2 Posts: 115 Forumite
    What makes you say you was miss sold your IVA can you give some more details
  • Charco_2
    Charco_2 Posts: 1,677 Forumite
    If you wish to exit your IVA, it's as simple as stopping paying it - after three months your IP has a duty to take action - but don't do anything rash!

    It is highly unlikey the IP will pursue Bankruptcy on behalf of your creditors because they wont want to spend their money getting you out of debt. Unless you have huge assets that are worth pursuing!

    Why do you say your IVA was mis-sold?
    Would you ask the wolves to look after the sheep?
    CCCS funded by banks
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