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

SteveUK avatar Anyone else had compensation?

Late last year, after the completion of my six year IVA, I complained to Hoist Portfolio...
by SteveUK on 19/09/19

Nic68 avatar Pension and IVA final settlement

Hi,my husband and I are in our sixth year of our IVA..the house was valued last year and as we could...
by Nic68 on 19/09/19

Rlh1994 avatar Review going to plan

I recently completed our first yearly review, and the process wasn't even half as traumatic as I had...
by Rlh1994 on 18/09/19

Moses007 avatar What happens when my IVA comes to an end?

Individual Voluntary Arrangement (IVA)
by Moses007 on 18/09/19

ryan231 avatar When will the IVA come off of my credit report

I had an IVA commence on 27th December 2013. I was discharged from the IVA on the 3rd November 2014...
by ryan231 on 18/09/19

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.