An Individual Voluntary Arrangement, or IVA, is a means by which an individual can negotiate a fair, legally binding, deal with his or her creditors for repayment of debts which may otherwise be impossible.
With the help of a Licensed Insolvency Practitioner such as Steve Ford of S P Ford & Co, your creditors, may be willing to accept a Proposal which potentially writes off a significant amount of your debt, providing it meets the following criteria:
The main advantages of an IVA are as follows:
Entering into an IVA is a serious commitment and should not be entered into lightly.
If you would like to find out more please contact Steve Ford on 07718 133927 or via this enquiry form for a free, no commitment conversation.
We are based in Leicestershire, in the Midlands, but are also happy to travel further afield if we think we will be able to be of assistance.