A Trust Deed is a debt solution which is used by people lined in Scotland. It is similar to IVA, which stands for Individual Voluntary Arrangement or Bankruptcy and it is available if your debts are higher than £10,000. Although a Trust Deed regulates an informal bankruptcy according to the Bankruptcy (Scotland) Act 1985. Trust [...]

A sole proprietor insolvency can be used to describe an IVA or individual voluntary arrangement or a bankruptcy. Many businesses in the UK are now incorporated, but a huge number of people are still working on their own, in small self …

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An Individual voluntary arrangement . An IVA can be an alternative to bankruptcy and is far less restrictive. In simple terms the IVA is an arrangement made between those in debt and their creditors. The arrangement involves the debtor …
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This process is called IVA ( Individual Voluntary Arrangement ). A licensed insolvency practitioner and chartered accountant oversee whole process. When you enroll in their IVA program, they assign a manager to supervise your debt …

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It is the same in principle to an IVA ( Individual Voluntary Arrangement ) which is available to residents of England and Wales. Once agreed, your creditors will not be able to add any interest and/or additional charges e.g. wage …

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