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?
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