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
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- Is it right for me? Find out with the help of our IVA calculator and write off upto 90% of your debt.
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