How do I enter into an Individual Voluntary Arrangement?

How do I enter into an Individual Voluntary Arrangement?

Your insolvency practitioner (IP) will assess your eligibility for an IVA. If it’s a suitable option, they assess your income and expenditure to arrive at an affordable repayment figure. At least 75% of creditors (by value of debt) must then agree to the IP’s proposal before the IVA comes into force.

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