Helpful articles to guide you through all things IVA related
IVA fees, divided into the Nominee fee for initial setup and the Supervisor fee for ongoing management, are typically incorporated into the monthly repayment plan.
While an Individual Voluntary Arrangement (IVA) may present obstacles, such as difficulties in obtaining credit, it does not prevent individuals from starting a business.
Receiving an inheritance during an IVA? Learn to navigate this complex situation and safeguard your inherited assets.
Unlock financial freedom with our comprehensive 7-step guide to using an Individual Voluntary Arrangement (IVA). No more sleepless nights over piled-up debts. Begin your journey towards a debt-free, stress-free life today.
At IVA Helpline, we aim to uncover the truth about IVAs, debunking common myths and clarifying misconceptions. Our team offers reliable, expert advice on debt solutions.
Delve into IVA and DRO – two potent debt management strategies. Gain insights on their benefits, risks, and eligibility to steer your financial decisions.
Step into a world free from debt! This article delves into the workings of an Individual Voluntary Arrangement (IVA), and how it could pave your path to financial liberation.
In this article, we demystify the complex web of Individual Voluntary Agreement (IVA) regulations, highlighting the equally important rules that creditors must follow.
Dive into our comprehensive guide where we explore the interaction between Individual Voluntary Arrangements (IVA) and rental agreements.
An IVA is a financial lifeline exclusive to residents of England, Wales, and Northern Ireland, carries significant implications. This article delves into how an IVA influences financial futures, particularly six years post-completion.
An Individual Voluntary Arrangement (IVA) is a legally sanctioned mechanism aimed at aiding those grappling with substantial unsecured debts, often exceeding £6,000.
Unmanageable debts, a significant concern in today’s society, can lead to heightened stress and anxiety, negatively impacting one’s overall quality of life.
Our guide offers insights into the effects an IVA, be it individual or joint, could have on your partner. With this knowledge, you can decide if an IVA is the right choice for you.
Under an Individual Voluntary Arrangement (IVA), you’re free to enjoy holidays and travel for business or leisure, as there are no restrictions imposed.
In the midst of debt, solutions like an Individual Voluntary Arrangement (IVA) or a County Court Judgment (CCJ) can be your first steps towards financial stability, offering feasible repayment plans.
Being in an IVA can complicate borrowing or mortgage application processes, as lenders’ credit checks may reveal your outstanding debts, posing approval challenges.
Entering an IVA may make a debt-free life seem distant. However, knowing what to expect upon its completion can help you anticipate financial freedom more effectively.
IVAs, while cost-effective, often raise questions about the remaining income post monthly payments. They ensure manageable repayments, yet curiosity about the dedicated portion is natural.
IVAs offer a viable alternative to bankruptcy, allowing individuals to manage debt while prioritising mental health. Crucially, an IVA lets you retain control over personal assets during debt resolution.
Feeling apprehensive about who might discover your IVA is natural, especially when you’ve kept your finances personal. The prospect of your employer learning about your financial struggles can add significant stress.
To apply for an IVA, submit crucial documents like income, expenses, debts, assets, and creditor details. Consult a licensed insolvency practitioner for guidance.
Discover how an IVA can protect your finances and prevent bankruptcy with expert tips and advice to avoid financial pitfalls.
IVAs are a popular debt solution allowing partial repayment of debts. But, the IVA’s negative impact on credit scores remains even after completion, affecting financial stability.
IVA Helpline’s Comprehensive Guide to the Individual Insolvency Register for Understanding its Impact on Your Finances.
Insolvency practitioners are accountants or insolvency specialists who specialise in helping those in financial difficulty.
Your financial future will be affected for up to 6 years by your Individual Voluntary Arrangement (IVA). It is, therefore, a decision that should not be taken lightly.
Typically, IVAs are individual debt solutions, but for couples experiencing debt owed, a joint arrangement is one of the possible debt management solutions to consider.
In this guide, you’ll learn more about how an IVA will impact your life and whether it’s an option for you and your financial circumstances.
There are many ways an Individual Voluntary Arrangement can fail, and this guide will discuss those different ways as well as what to do if you find yourself in this situation.
Many people wonder “How will an Individual Voluntary Arrangement (IVA) affect my credit rating?”. Read our helpful guide to learn how an IVA affects your credit file.
Here, we’ll look at whether you can settle your IVA early, if it’s the right decision for you, and how to go about it if you find yourself with enough funds to do so.
One question often asked is how long an IVA will typically take to end. Whilst there might be similarities in when IVAs end, not all IVA journeys will end at the same time.
In this article, we’ll look at one of the options available to you – an individual voluntary arrangement (IVA). We’ll take you through what it is and the pros and cons of getting an IVA.
IVAs are a common option for debtors, since they are legally binding agreements that allow you to pay off your debts at a reasonable rate over usually five to six years.
An individual voluntary arrangement, also known as an IVA, maybe the best option if you are having difficulty making debt repayments. How does an IVA work, though?
In this guide, we’ll look at hiding money from IVA agreements and whether it’s even possible. We’ll also go through whether the IVA company will be able to see your bank accounts.
Some may find borrowing money from a credit broker to buy a car when you have an IVA in place challenging. However, providing you can handle car costs alongside monthly repayments, a car finance credit agreement is possible.
Both IVAs and bankruptcy are potential options if you owe money that you’re unable to pay off. This guide will take you through everything you need to know about IVAs and bankruptcy.
Need help finding a mortgage with an IVA? At IVA Helpline we’re here to help you. Below you can find answers to some of the most sought-after questions about an IVA mortgage.
In this article, we’ll talk you through the basics of how to find the best IVA company, what key terms such as an ‘insolvency practitioner’ mean, and how to feasibly find the best debt solutions.