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    w does an IVA work?

    Once you have decided that an IVA is the best solution

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    An IVA is a legally binding agreement between the debtor and his/her creditors. With an IVA you can significantly reduce your debt, stop being charged a high level of interest, save your home and possessions and negotiate a monthly payment which is much smaller and easier to manage than what you are paying right now.

    How does an IVA work?

    Once you have decided that an IVA is the best solution f

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    ith an IVA you can significantly reduce your debt, stop being charged a high level of interest, save your home and possessions and negotiate a monthly payment which is much smaller and easier to manage than what you are paying right now.

    How does an IVA work?

    Once you have decided that an IVA is the best solution

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    of interest, save your home and possessions and negotiate a monthly payment which is much smaller and easier to manage than what you are paying right now.

    How does an IVA work?

    Once you have decided that an IVA is the best solution

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    is much smaller and easier to manage than what you are paying right now.

    How does an IVA work?

    Once you have decided that an IVA is the best solution

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    w does an IVA work?

    Once you have decided that an IVA is the best solution for you an Insolvency Practitioner (IP) will assess your financial situation and decide on a repayment amount. An application form will be sent to the court for an Interim Order following which no creditor can take legal action against you. For an IVA to be approved a creditors meeting will be arranged which you should attend.

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