The ones Viki has mentioned are very few and far between though Carl, I imagine there must be special circumstances to have one that low.
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
I can claim the 6p in the £ case which was done by me a few years ago whilst employed by one of the Big 4(accountancy practices that is not IVA factories!)
It was in the particular case concerned - without boring you it was an IVA linked to a PVA (very rare!) and largely done for the benefit of partnership creditors who also fell into the individual estates of the partners - so they effectively got two bites of the cherry so to speak.