IVA - Individual Voluntary Arrangement

IVA is a legally-binding arrangement between you and your creditors writing off up to 90% of your debts. It means reaching a compromise with your creditors to settle your debts within a reasonable, fixed period of time and at the same time, avoid the consequences of bankruptcy. An individual who is intending to propose an IVA can apply for an Interim Order, the interim order basically prevents all creditors from pursuing any legal proceedings against you. If legal proceedings have been commenced, then they are frozen at the stage they have reached. Read more about IVA

Keith White, IVA Advisor, from IVA.com talks about IVAs. Contact Keith White directly here.

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IVA Forum Topics

katana2471 avatar Debt rescue anyone used this service ???

Hi so I'm in an IVA I came across a firm called debt rescue this firm apparently contact my...
by katana2471 on 06/06/25

Purplepixi avatar Breach notice from Santander

Last year I was in a DMP, this year my provider advised I would be better off in an IVA. The...
by Purplepixi on 03/06/25

Purplepixi avatar Breach notice from Santander

Last year I was in a DMP, this year my provider advised I would be better off in an IVA. The...
by Purplepixi on 03/06/25

Worried2021 avatar Full and final settlement - ebengate

Hi all, I have had a full and final settlement accepted today with ebengate. I was after advice on...
by Worried2021 on 09/04/25

Matt189 avatar Early settlement

Hi there, In December I will make the final (72nd) payment into my IVA, and in total I will have...
by Matt189 on 27/02/25

The above is provided as information only. Iva.co.uk does not provide debt advice. You must always seek professional advice before taking any action to resolve your debts.