What is an IVA? Individual Voluntary Arrangement advice at Debt Home




We can help you consolidate your existing debt into one manageable amount to pay each month.

IVAAn Individual Voluntary Arrangement (IVA) is an important piece of government legislation. An IVA or Individual Voluntary Arrangement allows you to avoid the trauma of bankruptcy for people who owe more than £12,000 to 3 or more creditors, if they are in regular employment. We are IVA specialists provide IVA advice and IVA information.

An IVA could be your best option for reducing debt quickly and in a control manner.



Other Debt related Questions :

what is the best way to get out of a £3000 debt situation as a student?

imin roughly £3000 debt, (bar student loan as im still studying) what is the best option to get out of this. i am a full time student so cannot work as much to get out of it as quickly, do i declare myself bankrupt? get an IVA(whatever that is??) DMS??
what is the best way to get out of a £3000 debt situation as a student?

I dont want to go bankrupt but have failed my IVA!! Ive no assests at all and no surplus now due to changes...?

I had to finish work to look after my wife who is very ill. I now get carers allowance and benefit help, but have no surplus at all. I have no assests at all (car, house etc.).
I dont want to go bankrupt but have failed my IVA!! Ive no assests at all and no surplus now due to changes...?

help needed about bankruptcy...... a couple recently seperated (united kingdom )?

the female on iva allready.the male no problem with credit.they have a mortgage between them of 100 thousand,they recently seperated.the female is still in the house and not paying her bit of mortgage,there are rumours that she is going to declare her self bankrupt.where does the male stand on this ,what happens if she declares bankruptcy .who
help needed about bankruptcy...... a couple recently seperated (united kingdom )?

Avoiding Debt! Legal Loop holes?

Is there ways in which you can avoid paying off a debt, Ive heard someone say that if you do not pay a single penny off a debt for a period of six yrs then by law the debt is void, Do not want to go bankrupt or do the IVA thing. Could you leave the country for this period or are there other loopholes in the law?
Avoiding Debt! Legal Loop holes?

can anyone tell me a bit about bancrupcy?

hi.. just wondering if anyone an help. My boyfriend has just moved in with me and i have just discovered he has debt coming out his ears... i own my own home and have done for several years but my boyfriend doesn't have a penny except for his monthly wage... He isn't after an easy ride he is going to split everything with me, but when
can anyone tell me a bit about bancrupcy?

Do get in my pocket more than someone on benfits?

I had 3 major life crises that put me so down I ended up getting myself into major debt. Now I am battling to get out of it. I have two children at home and one who has now left home. A husband and 2 jobs. I work as a medical secretary part time and a carer part time. My husband also works and I am away from the home for many hours, ofen
Do get in my pocket more than someone on benfits?

40K in debt. Am I better off with a debt management plan or a trust deed (Scotland)?

I am £40,000 in debt through unemployment, illness and having been tempted by easy offers of credit in the past.Working now and struggling to keep up with all the payments. Not a homeowner. Contacted a debt charity about a DMP and they have drawn up a plan based on a salary I no longer earn, and won't believe me when I say I'm not on
40K in debt. Am I better off with a debt management plan or a trust deed (Scotland)?

how much will l have to pay on iva if l want to settle early?

I am trying to make a settlement with my employer regarding discrimination. I owe iva £10,000 will they accept that as full and through payment or can they increase the ammount as per the original debt which was £70,000 and l only had to repay iva £30,000
how much will l have to pay on iva if l want to settle early?

I have credit cards debts also own a house?

I am thinking of doing an IVA What does this mean to my house. I have 50k debts and 50k in equity but 25k is my wife's. She has left the home and taken my daughter but this is in joint names.
I have credit cards debts also own a house?

My Alpine IVA-D310R dvd player screen is very fussy...?

My Alpine IVA-D310R dvd player screen is very fussy and has lost most of the colour in the display but at an odd time flicks back to normal...anyone have any idea whats wrong? and how it could be fixed?"
My Alpine IVA-D310R dvd player screen is very fussy...?

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Last Updated on: 3. July, 2009 Developed by Milldo