-Over
50 experts from across industry
answer questions on our forum.
-Over 10,000 people in IVAs post
and contribute to the site.
-The site was set up by Andy
Davie (who completed his IVA in
2006).
IVA.co.uk petitioned the Prime Minister to 'abolish,regulate or limit private company access to the Insolvency Website.
We had over 500 signatures. See the
response from the government here:
An IVA is an arrangement to settle debts within a fixed period of time normally 5 years. All
interest is frozen and after the end of the arrangement,
outstanding debt is written off. The arrangement is governed by
the Insolvency Act of 1986.
>What is an IVA click here to learn more
Further IVA points
A common misunderstanding is that people think undertaking an
IVA is like going Bankrupt. This is not the case. The IVA is
specifically designed to avoid the many issues and stigmas
surrounding Bankruptcy. For example, you will be able to borrow
in the future and take a mortgage. You will not be Blacklisted
for ever!
>Guide Pros and Cons IVA click here to learn more
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