What Happens If I Fail My IVA?
For many people who are in debt and are struggling and want to avoid bankruptcy, an IVA/Individual Voluntary Arrangement is a good option. In an IVA you are still insolvent, and on the Insolvency Register, but you avoid bankruptcy, which for many who have property, could lose that property if they were to go bankrupt. […]
What Are IVA’s/Individual Voluntary Arrangements?
You’ve seen the ads on the Internet: Get Out of Debt Today! New Government Plan to Reduce Your Debt! Pay Back Pennies on the Pound and Eliminate Your Debt? Be Debt Free With Just a Few Simple Steps! Most of these ads are referring to what is called an IVA or Individual Voluntary Arrangement. Individual […]