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Individual Voluntary Arrangement

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Individual Voluntary Arrangement

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Debt Support Service

2 Views • Jan 25, 2021

Description

An Individual Voluntary Arrangement ( IVA ) is an agreement with your creditors to pay all or part of your debts. You agree to make regular payments to an insolvency practitioner, who will divide this money between your creditors. An IVA can give you more control of your assets than bankruptcy.