IVA - Individual Voluntary Arrangement

It 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...

Keith White, IVA Advisor, from IVA.com talks about IVAs. Contact Keith White directly here.

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IVA Forum Topics

Hi all, I’ve had a good read through the forums and I’m not feeling more confident the Iva is the best option. I’m ashamed to admit that myself and my husband have already been through a debt management process in our early 20s, I got debt...
by Dena1978 on 24/04/19

hi. i have an IVA with aperture which we have been paying for 3 years. we have been trying to get hold of them to discuss a possible option of paying the IVA off sooner. the reason is that we have 2 cars that are coming to the end of their contracts...
by paul105 on 24/04/19

Today my first payment has gone to my iva and I cannot Express the relief I feel!!! Thank you to everyone who has answered my questions thus far especially foggy and kali who have responded to all of them.no doubt I will need your expert help over...
by lisa817 on 24/04/19

My full and final was accepted this morning and money transferred over! Must of got lucky with only one creditor bothering to vote! Just 3-6 month wait for completion ! Just wanted to thank you all for your help and ive learned alot which has helped...
by Pigger479 on 23/04/19

hi, i am currently petrified with my current situation and need to talk about an iva optiond
by sam128 on 23/04/19