IVA Articles

IVAs do have downsides. The IVA downside most often commented on here at My IVA Adviser is the rigid repayment structure of the IVA. On the face of it, the prospect of entering in to a legally binding arrangement which normally requires a minimum of 60 payments can be quite daunting. But, after taking a closer look at an IVA and how an IVA actually works, many people change their minds and agree… Read more

Settling an IVA early can be achieved by settling an IVA's outstanding balance, which could be the result of a change in circumstances.… Read more

Setting up an IVA correctly requires attention to detail, and many IVA companies fail to offer sufficient support to their clients when setting up an IVA for them.… Read more

Problems with IVAs can take many forms but, in our experience, revolve mainly around payment issues. When you are trying to live within a tight budget it doesn't take much of a change for problems to develop. So, what happens if you are in an IVA and you suffer a problem, will the IVA fail? Well, you'll be pleased to know that there are several different option available, designed to provide relief when… Read more

Surviving debt may seem impossible when creditors are chasing you constantly, phoning, writing and constantly hassling you at all times of the day. My IVA Adviser specialise in helping people resolve their debt problems and plan for a debt free future. We believe that surviving debt is more than just making it through another day.… Read more

What does IVA mean and what does an IVA do? IVA means Individual Voluntary Arrangement, and an IVA helps people who are struggling with their monthly debt repayments.… Read more

IVA calculations have become much more straight forward since the introduction of the 'IVA Protocol'. In essence, an IVA calculation is used to establish what your IVA payments are likely to be. It used to be the case that each creditor had an almost unique stand point on IVA's, making the IVA payment calculations almost impossible to work out without first having a full list of the creditors. Not so long ago… Read more

What happens after your IVA may seem like a long time away but it is something you may wish to consider before you start. At My IVA Adviser we can advise you about what happens after your IVA.… Read more

Debt Management or IVA? Sometimes establishing which debt solution is the most suitable for you when trying to become debt free can be really difficult.… Read more

IVA drawbacks are few when compared to the advantages an IVA can offer. Nevertheless, it makes good sense to investigate the IVA drawbacks at an early stage of the decision process, and establish the effects that the IVA drawbacks will have on your potential IVA.… Read more