IVAs & Bankruptcy

Choose from the following topics:
What is an Individual Voluntary Arrangement (IVA)?
How and why would a creditor accept a lower amount?
What do I have to pay for this advice? <
The Advantages of an Individual Voluntary Arrangement
The Disadvantages of an Individual Voluntary Arrangement
The Advantages of Bankruptcy
The Disadvantages of Bankruptcy
The IVA Process

What do I have to pay for this advice?
The monthly payments made into your arrangement will cover payments to your creditors as well as the fees for preparing a successful proposal and the fees for supervising the arrangement.

We will ask you to start paying your agreed contributions before the IVA is approved. If the arrangement is accepted these will be held to your credit in the arrangement. This means that the arrangement may even finish early.

If the arrangement is not successful, the amount you have paid into the arrangement will be invoiced for the work done for you up to that point. We would also then discuss your remaining alternatives.