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

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

Pryde avatar 5 years and done.

After what seemed longer than 5 years I paid my final payment earlier this month and got my...
by Pryde on 24/01/25

Dp97 avatar Everyday loans iva...

Hi I recently opened up an iva application and worrying about the meeting of creditors. I owe about...
by Dp97 on 05/01/25

Lauren1995 avatar Currently in a Iva and grants!

So I’m currently in an Iva I have 17 months left but live has taken a sudden turn I usually go...
by Lauren1995 on 15/10/24

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.