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In the event of a failed IVA....
maxmycardagain
Posts: 5,853 Forumite
in IVA & DRO
Can debts and fees of a failed IVA be included in a (or stop) a DRO being granted?
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Yes, the debts can be included in a DRO, as long as you qualify in all other respects.
No, a failed IVA would not in itself stop a DRO from being granted, in fact its a common option for those whose IVA have failed.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
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