A vote is then taken by value; the Individual Voluntary Arrangement will only be approved if 75% in value vote in favour of the IVA. A second count will take place if any creditors voting are associated (family, business partners, …
More here: <a target=”_blank” href=”http://www.financialadvice2u.com/debtconsolidation/ivas-getting-out-of-debt-wihtout-going-bankrupt/” title=”IVA's : getting out of debt wihtout going bankrupt | Debt …”>IVA's : getting out of debt wihtout going bankrupt | Debt …
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