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

How can I obtain a copy of my IVA letter of completion issued in 1999 but which I no longer possess
by elsie on 29/01/20

Hi, My current account currently sits at £3500 overdrawn, I am barely able to make the current...
by simon927 on 29/01/20

hi I posted the other day regarding default dates on natwest accounts that were included in an IVA...
by Lisad0239 on 29/01/20

hello I entered into an IVA 4 and half years ago and it will run for a total of 6 years as I could...
by Rejjy666 on 29/01/20

hello, my partner was in an IVA which finished April 2018, we are in process of applying for a...
by paige504 on 28/01/20

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.