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

Hi people think you for reading. I am looking for some advice on getting out of my IVA. I...
by JackS555 on 27/05/22

How long should I normally wait for this to come through? The F&F payment was sent at the beginning...
by Jlml87 on 26/05/22

Just set up an iva but ip as said rx1 form land registry is in place(application to enter...
by Ashpizey on 25/05/22

What is the process of applying for a mortgage loan?
by narose864 on 21/05/22

Hi, Does anyone have experience of making an offer and the process of a full and final with...
by simon363 on 20/05/22

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.