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

looking to replace my wifes car, we are in an interlocking IVA. The care is 8 years old and is...
by adam355 on 07/05/21

I’ve spoke to Giraffe money yesterday and they said that they will deal with me from the start to...
by beata on 07/05/21

I just want to say a massive thank you to everyone on this forum. I have just had my IVA accepted...
by flipflop105 on 06/05/21

Hi Guys, I’m now over 3 yrs into my IVA and I have a glimmer of hope to end it early as my Boss...
by Bigdebts on 06/05/21

CreditFix. Currently been in an IVA for 8 months paying £100 per month. Full settlement Balance...
by Missv on 05/05/21

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.