Welcome to the IVA Information Centre
If You Have IVA Questions, You’ve Come to the Right Place for IVA Answers
We’ve put together this site to help you better understand what an Individual Voluntary Arrangement (IVA) is, the latest news, and what the future has in store for the IVA as a good way for people to get out of debt.
An IVA, like all other debt solutions, is not a one-size-fits-all solution so it is important to learn more about the pros, cons, benefits and disadvantages of the Individual Voluntary Arrangement as a tool to get out of debt.
The U.K. has had this special tool for some time now but it hasn’t been until recent years that more and more people turned to it as a debt solution.
Creditors and the IVA
Creditors have created some roadblocks and hurdles to block people from getting access to an IVA because they would rather see people limping along in a debt management plan rather than locked into a formal and binding debt repayment scheme that gives the consumer control over their creditors.
You can learn more about the Latest IVA Issues by visiting the news links in the right-hand menu.
If you can safely afford an IVA then it is quite possible for you to reduce the total debt that you owe, reduce your monthly payment, maintain control of your assets, not be disqualified from company positions and avoid bankruptcy.
How to Use This Site
Please use the links in the right-hand menu on this site to dig deeper and deeper into information about the IVA. You’ll find links to Frequently Asked Questions (FAQ), an IVA Glossary, an entire library of IVA Educational Videos and links to IVA forums and IVA providers as well.
If you have any additional lingering questions, please feel free to use the chat box on the top right to ask any IVA questions you might have. We’ll be happy to help.