IVA Articles

An IP is an insolvency practitioner and is the only person authorised to administer an IVA. Here at My IVA Adviser we have an in-house IP ready to answer any of your IP or IVA related questions.… Read more

The consequences of IVA are normally small, but each person entering into an IVA should explore the consequences of an IVA to make sure they understand the potential IVA's downsides. So what are the consequences of an IVA. In brief, each individual IVA will have its own downsides, depending on the surrounding circumstances. And because all IVAs are unique, its fair to say that the downsides change too. In general terms these are… Read more

What's an IVA ? This is one question we are constantly helping people get to grips with here at My IVA Adviser, because until the answer to this question is understood, there can be no progress. So, what's an IVA? An IVA is legally binding agreement between a debtor and all his creditors which reschedules all his outstanding unsecured debt repayments into one affordable monthly repayment. The IVA has a fixed time period… Read more

Every IVA is full of regulations. This is because it is a legal document administered by an insolvency practitioner, who is in turn bound by their governing body and their regulations. Here at My IVA Adviser we can help you negotiate the minefield surrounding the IVA regulations. All IVAs must be regulated by an Insolvency Practitioner, who oversees the whole process from start to finish. To help you understand more about the regulations surrounding… Read more

Mortgage and IVA do mix. If you have a mortgage it is possible to do an IVA, if you are in an IVA and you want a mortgage it is possible to get a mortgage. Here at My IVA Adviser we have experts who can explain the pitfalls of mixing an IVA with a mortgage.… Read more

An IVA in Northern Ireland is possible because Northern Ireland forms part of the UK and is therefore governed by UK law. Here at My IVA Adviser we have written an article called "Northern Ireland IVAs" which can be read at our articles page.… Read more

Are IVA's a good idea? Deciding which way to deal with your debts can be really confusing, and asking are IVA's a good idea is a good place to start.… Read more

There are conditions attached to an IVA but these are clearly marked out in your proposal. Here at My IVA Adviser we always point out what these conditions are.… Read more

Advice for an IVA in London does not have to come from a company based in London. An IVA can be administered by any insolvency practitioner regardless of their geographical whereabouts. Here at My IVA Adviser we help poeple from London and many other locations in the UK.… Read more

An IVA bank account is a bank account which is acceptable for use within an IVA. Here at My IVA Adviser we have written an article called "Basic bank account in an IVA" which can be found at our articles page a rich resource of IVA information.… Read more