IVA - Individual Voluntary Arrangement

IVA 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 about IVA

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

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IVA Forum Topics

I've received a letter to say one of my debts has been sold to another company. It says it won't...
by Nickibu82 on 04/12/20

Hiya to All members, I have been just added into IVA. I have been woth IVA in just 4months.I just...
by Sameersaab on 04/12/20

I have an IVA with Creditfix. Looking at my Unsecured Creditor Claims list I can see that I owe to...
by firebird56sqn on 04/12/20

Hello, my last payment of IVA is 25/12/2020 - I never missed payment, reported all changes etc....
by agnieszka512 on 04/12/20

Hi all, my names Ant, I started my iva in October this year and have made 3 payments so far. Shortly...
by Ajay1992 on 04/12/20

The above is provided as information only. Iva.co.uk does not provide debt advice. You must always seek professional advice before taking any action to resolve your debts.