FAQ

26 March 2008
FAQ

Should I Consider An IVA or Petition for Bankruptcy?

Trying to decide if an IVA is right for you can be a difficult process. There are so many television commercials, print ads and information on the Internet that it is hard for people to decide what is fact and what is fiction.
Undoubtedly the best way to determine if an Individual Voluntary Arrangement is right [...]

27 March 2006
FAQ

Is An IVA a Government Approved Process?

IVA proposals can only be put together and presented to an individuals creditors by a licensed Insolvency Practitioner. At the time of this writing there are only about 2000 licensed Insolvency Practitioners in the UK.
The Individual Voluntary Arrangement was originally designed to provide relief to debts generated as a result of business insolvency. In [...]