IVA Articles

With the festive season behind us, and the New Year under way, there is much speculation within the insolvency industry as to whether there will be a further rise in the number of people forced into personal insolvency, either Individual Voluntary Arrangements (IVAs) or bankruptcies, when the bills start hitting the door mats.… Read more

One debt solution that maybe available to people facing a serious debt problem is a consolidation loan. But is a consolidation loan the right solution for you? In this article, My IVA Adviser takes a closer look.… Read more

The turn of the year signifies the end of what many people feel is the most stressful time for personal finances, the Christmas & New Year holidays.… Read more

For those people who are considering an Individual Voluntary Arrangement (IVA) as a solution to a serious debt problem, there is the possibility that they will hear the term 'IVA Supervisor' whilst they are researching the Individual Voluntary Arrangement (IVA) facts. Here is a brief explanation of what an IVA Supervisor's role is within the Individual Voluntary Arrangement (IVA) process.… Read more

Creditors face having to write off up to £1.4 Billion in bad debts due to the number of people who entered into IVAs, individual voluntary arrangements, in 2006, according to a report in The Sun newspaper today.… Read more

It is no secret that the personal debt mountain facing U.K. consumers has become the topic of much conversation during 2006. With a meteoric rise in the number of people applying for Individual Voluntary Arrangements (IVAs) ringing the loudest alarm bells within the banking industry.… Read more

When an IVA creditors meeting has been convened, what is the role of the Chairperson?… Read more

For those people who have come across the term 'IVA Variation Meeting', here is a brief explanation of how a variation meeting may be required within an Individual Voluntary Arrangement (IVA).… Read more

Anyone who has looked into an IVA, individual voluntary arrangement, as a solution to their debt problem, may have heard mention of 'The IVA Drafter'. For those that are wondering what an IVA Drafter does, My IVA Adviser has decided to give you a brief description, to help you become more familiar with the IVA application process. The IVA Drafter usually works for an insolvency practitioner within an insolvency practice, though… Read more

When exploring the Individual Voluntary Arrangement (IVA) option to your debt problems, you will hear the words 'Insolvency Practitioner' throughout the process. Here is a brief explanation of what role an Insolvency Practitioner, or I.P., takes within the Individual Voluntary Arrangement (IVA) process.… Read more