IVA Articles

Each IVA or Individual Voluntary Arrangement is unique. Each person that enters into an Individual Voluntary Arrangement has personal circumstances different from anyone else.… Read more

A County Court Judgement (CCJ) debt can be included in an Individual Voluntary Arrangement. The ethic of fair treatment for all unsecured creditors that surrounds an Individual Voluntary Arrangement insists that no one creditor should be given priority over another, even when that priority is a CCJ. Even though a creditor may have taken steps to recover a debt, and lodged a claim for repayment through a CCJ before an Individual Voluntary… Read more

An Individual Voluntary Arrangement (IVA) is a legally binding agreement between a debtor, (a person with debts) and his creditors (the companies that he owes the money to).… Read more

When you realise that you have a serious debt problem, it is quite natural to look for the quickest debt solution, to ease the anxiety of your situation. This anxiety is based around seeking protection from your creditors.… Read more

In most Individual Voluntary Arrangement cases it will be necessary to open a new bank account, and usually, the sooner the better. This is because, in the majority of cases, people with debt problems have at least one debt with their current preferred bank.… Read more

“Who pays the bill or fees for an Individual Voluntary Arrangement ?” is a very natural question to ask oneself, especially if you are considering using an IVA to become debt free. There has been much debate over this subject recently so, as a result My IVA Adviser would like to lay out as clearly as possible how the fees for an IVA arise, and how they are paid. But regarding the… Read more

This is one of the most important questions facing people with a serious debt problem and, to be honest, it can be an extremely difficult question to answer. Often people who are in this situation believe that Bankruptcy is their only option, and are often unaware that an Individual Voluntary Arrangement even exists, as a viable alternative to Bankruptcy.… Read more

Individual Voluntary Arrangements are administered by Insolvency Practitioners (I.P.s), and there are many based all over the country. As in all walks of life though, some are better than others, so finding a reputable Insolvency Practitioner when you need one is not always as straight forward as it could be. That's why My IVA Adviser will only use trusted IPs from our select panel of reputable companies to represent our clients. Using… Read more

The way that an IVA or Individual Voluntary Arrangement affects the equity in a family home can have a serious impact on the decision as to whether an Individual Voluntary Arrangement (IVA) is a realistic solution for people with serious debt problems.… Read more

An IVA Calculator is a useful tool to help someone establish whether an Individual Voluntary Arrangement is a suitable solution to any particular debt problem. There are several choices of IVA Calculator available on-line, but most are unable to give an accurate analysis of your debt situation, due to them having very limited capabilities. And this is where the Calculator problems begin.… Read more