Can I exclude certain creditors from my IVA?

It is not recommended that you exclude any creditors from your IVA. The main purpose of your IVA is to pay off debts that are owed. If you choose to exclude certain creditors, you will finish the IVA in the same predicament you were in before.

The objective of the IVA is to enable you to become debt free. You must submit a proposal that states all the creditors that you owe. You cannot play a game in which you pick and choose the people that you pay back. The debt is ultimately yours, and no matter what you have to repay it.

In this current recession, the only thing that is saving people is a great credit score. There is no need to exclude creditors that you owe. When you applied for the cards, you knew that you would have to make every attempt to repay them. Many people hesitate to pay, because they feel that the amount is way out of their means, which is why Just Debts is here to assist you.
If you wish to exclude any creditor, it is you’re responsibly to submit a proposal on the creditors that you are wishing not to repay. Please do not beat around the bush with this proposal, for this may cause the IVA process to be drawn out a lot longer then you had in mind.

After you submit the proposal of the creditors that you are choosing to exclude, the credit must agree. Most creditors however will not adhere being excused from a proposal so you will in the end have to work out negotiations to pay them as well.

There is no point in excluding any creditors from your IVA. Think of your IVA as a way to get you on track to a better life. If you exclude certain creditors you are just causing the process to be drawn out longer then it has to be.