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

iva1966 avatar Question for Ryan

Hi Ryan, you very kindly asked me to contact you as you had not heard about our case (IVA 1966) ....
by iva1966 on 24/09/20

GazFisha avatar IVA still on the insolvency register

Hi All, We started our IVA in March 2014 and finally received our completion certificate on 18th...
by GazFisha on 24/09/20

carole862 avatar Advice on full & final offer

I have £3825 left to pay on my IVA. My original end date was Sept 22 but as I have some arrears, I...
by carole862 on 24/09/20

suzan avatar Should debts in a DRO still be open on a credit report?

Not posted for a while but writing for a friend ...not sure I am allowed to post on here ..my friend...
by suzan on 24/09/20

les162 avatar Lloyds bank still shows my debt

Hey, my IVA is over finally from January. I’m credit free but for some reason the Lloyds bank...
by les162 on 23/09/20

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.