Is an IVA a court order?

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worriedhalftodeath

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Post by worriedhalftodeath » Sun Feb 19, 2012 12:20 pm
I know bankruptcy involves a court judgement. My understandng is that an IVA doesn't - it's an agreement between an individual and his/her creditors, it's legally binding but did not require a court judgement to set up. Am I right?
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Foggy

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Post by Foggy » Sun Feb 19, 2012 12:23 pm
http://www.iva.co.uk/forum/topic.asp?wh ... 063#428440
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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kallis3

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Post by kallis3 » Sun Feb 19, 2012 12:34 pm
Duplicate thread - locked.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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