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Please read on for some answers to the most popular questions and answers for IVA Pros and Cons


New standards were set up in a meeting between the credit industry and IVA. providers which was led by the British Bankers Association (BBA) and assisted by the Insolvency Service to make the process easier for people to obtain an IVA.


The Individual Voluntary Arrangement (IVA) is part of the Insolvency Act of 1986, which can help individuals take a hold of their debt.


IVA proposals can only be put together and presented to individual creditors by a licensed Insolvency Practitioner. Who can arrange an IVA? There are organisations who can give you free advice and help those who have serious debt problems.