IVA Articles
IVA : What Is An Unsecured Debt?
Unsecured debt is the only type of debt admissible in an Individual Voluntary Arrangement (IVA). So if you are considering an Individual Voluntary Arrangement (IVA) knowing what type of debt you have is important.… Read more
IVA : What Is A Secured Debt?
Secured debt is not admissible in an Individual Voluntary Arrangement (IVA), so knowing what type of debt you have is important.… Read more
IVA : IVA Calculator Upgraded.
The 'Debt Calculator' the powerful online IVA calculator from My IVA Adviser has just had a face lift.… Read more
IVA : What Can I Do If My IVA Fails At Its Creditors Meeting?
If your application for an Individual Voluntary Arrangement (IVA) fails at creditors meeting you do still have some options.… Read more
IVA : What Is Equity?
A question we are regularly asked when talking to clients about an IVA is What is Equity?
Equity is the difference between the value of a property and any secured borrowings set against it.… Read more
IVA : Will The Equity In My House Affect My IVA?
The issue of equity in an Individual Voluntary Arrangement (IVA) is a very important one.
The fact that there is a property involved alters the terms on which creditors will accept Individual Voluntary Arrangements (IVAs).… Read more
IVA : B.B.A. Looks For New Code Of Conduct.
The British Bankers' Association (B.B.A.) are looking for involvement from debt advisory companies to assist in developing a new code of conduct for the debt advice industry, which is hopefully going to introduced before Easter.… Read more
What Is A IVA
What is an IVA?
An IVA is an Individual Voluntary Arrangement, which is a total debt solution.
An IVA will allow someone who is struggling with their normal debt repayments to come to an agreement with their creditors by arranging a reduced monthly payment.… Read more
IVA : Will My IVA Be Affected If I Change My Job?
No, your IVA will not be affected if you change your job.
It is perfectly acceptable for you to change jobs whilst in an Individual Voluntary Arrangement (IVA).… Read more
IVA : Can I Take A Payment Break?
As you will know, if you have agreed to the terms of an Individual Voluntary Arrangement (IVA), you have agreed to pay your creditors regular amounts at regular periods.
But can you take a payment break from your IVA payments if your circumstances change?
Can you take a payment break if you lose your job? Can you take a payment break if your partner leaves and you are no longer able to… Read more