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Individual Voluntary Arrangement

An Individual Voluntary Arrangement, which generally is shortened to IVA, is a way for people or businesses (in which case it is called a Company Volountary Arrangement) with otherwise irresolvable debt to deal with that part of their indebtedness which is in the form of unsecured loans. Typically these are ...

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July 16, 2010

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IVAs pros and cons

If you are thinking about entering an IVA (Individual Voluntary Arrangement) to help clear your unmanageable debt, it's important that you take the disadvantages into account as well as the advantages. Here, we will take a brief look at some of the ways an IVA could benefit you, and what some ...

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March 23, 2010

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Debt Consolidation vs IVA

Given Britain’s record level of personal debts, it’s hardly surprising that we also have a massive range of debt solutions for consumers in the UK.  Phrases like, “debt management,” “debt consolidation,” “IVA,” and “bankruptcy,” are thrown around loosely. But many of them are completely different from the others. Take, for ...

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February 19, 2010