Is an IVA a default?

I think IVA is classified by Zopa as a default "Status" but I'm not sure it counts towards the default figures on the "Earnings?" info button of the Summary pages.

In the past some IVA's don't seem to be included - perhaps if they defer on the IVA agreed payments it will then be added to the "earning?" bad debt figure. 

I could be wrong there though as I haven't checked mine recently.

For me a default is a default and I try to present it in my mind as lost money in my tables. For me that's way more realistic. For Tax purposes however recovered payments are very important as are bad debts perhaps its why some IVA's do not appear in Bad debt as technically they are not Bad yet. Just a guess though... 

Edit: I think I may have been wrong above well at least where the ISA side is involved. At present I have some differences from the earning figure but not enough to be a specific loan difference on 4 IVA loans. I guess defaults are defaults are "Bad Debts". Very interesting though is some of the IVA's comments do not have 4 missed payments before they went Default one only has one missed payment before declaring financial difficulties and goes default on the day of that declaration (according to the comments).

I checked out the Invest side but it appears all the IVA's i've had were SG covered classic so not relevant. 

One thing I would say is that I pulled my CSV's today but they only seem to have data from yesterday so there may be a bit of a lag perhaps as well.