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    is An IVA

    IVAs were introduced by the Insolvency Act of 1986, as an alternative to bankrup

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    What is an IVA

    IVAs (also known as Individual Voluntary Arrangements) were introduced by the Government to offer an alternative to people facing the prospect of bankruptcy.

    An IVA facilitates the repayment of a debt over a period of time and is supposed to be in the interests of both the debtor and creditor.

    But is an IVA really the answer to debt?

    What Exactly is An IVA

    IVAs were introduced by the Insolvency Act of 1986, as an alternative to bankrup

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    the Government to offer an alternative to people facing the prospect of bankruptcy.

    An IVA facilitates the repayment of a debt over a period of time and is supposed to be in the interests of both the debtor and creditor.

    But is an IVA really the answer to debt?

    What Exactly is An IVA

    IVAs were introduced by the Insolvency Act of 1986, as an alternative to bankrup

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    ilitates the repayment of a debt over a period of time and is supposed to be in the interests of both the debtor and creditor.

    But is an IVA really the answer to debt?

    What Exactly is An IVA

    IVAs were introduced by the Insolvency Act of 1986, as an alternative to bankrup

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    the debtor and creditor.

    But is an IVA really the answer to debt?

    What Exactly is An IVA

    IVAs were introduced by the Insolvency Act of 1986, as an alternative to bankrup

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    is An IVA

    IVAs were introduced by the Insolvency Act of 1986, as an alternative to bankruptcy.

    An IVA enables debtors to attempt to reach a settlement with their creditors. This normally involves the repayment of the debt in monthly installments and a reduced repayment amount.

    An IVA is a legally binding contract between debtor and creditor.

    Why Were IVAs Introduced

    The IVA was initially designed as a convenient way of processing insolvency cases without incu

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