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Helpful articles to guide you through all things IVA related

How To Apply For An IVA

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.

Are There Fees Associated With IVAs?

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.

Can I Start A Business Whilst In An IVA?

While an Individual Voluntary Arrangement (IVA) may present obstacles, such as difficulties in obtaining credit, it does not prevent individuals from starting a business.

IVA & Inheritance: What You Need To Know

Receiving an inheritance during an IVA? Learn to navigate this complex situation and safeguard your inherited assets.

7 Simple Steps To Using An IVA To Become Debt Free

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.

IVA Myths Debunked: Separating Fact from Fiction

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.

IVA Or Debt Relief Order (DRO)

Delve into IVA and DRO – two potent debt management strategies. Gain insights on their benefits, risks, and eligibility to steer your financial decisions.

From Debt To Freedom: How An IVA Could Help

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.

What Are The IVA Rules For Creditors?

In this article, we demystify the complex web of Individual Voluntary Agreement (IVA) regulations, highlighting the equally important rules that creditors must follow.

Is Renting A Property Possible With An IVA?

Dive into our comprehensive guide where we explore the interaction between Individual Voluntary Arrangements (IVA) and rental agreements.

Do I Have To Declare An IVA After 6 Years?

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.

What Is An IVA?

An Individual Voluntary Arrangement (IVA) is a legally sanctioned mechanism aimed at aiding those grappling with substantial unsecured debts, often exceeding £6,000.

The Emotional Impact of Debt: How an IVA Could Help You Find Peace Of Mind

Unmanageable debts, a significant concern in today’s society, can lead to heightened stress and anxiety, negatively impacting one’s overall quality of life.

Will An IVA Affect My Partner Or Spouse?

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.

Will An IVA Affect My Ability To Travel Abroad?

Under an Individual Voluntary Arrangement (IVA), you’re free to enjoy holidays and travel for business or leisure, as there are no restrictions imposed.

Can I Enter Into An IVA If I Have A CCJ?

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.

Can You Pass A Credit Check With An IVA?

Being in an IVA can complicate borrowing or mortgage application processes, as lenders’ credit checks may reveal your outstanding debts, posing approval challenges.

What Happens At The End Of An IVA?

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.

How Much Does An IVA leave You To Live On?

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.

How To Maintain Control Over Your Assets During An IVA

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.

Will My Employer Find Out About My IVA?

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.

What Documents Do I Need To Provide For An IVA?

To apply for an IVA, submit crucial documents like income, expenses, debts, assets, and creditor details. Consult a licensed insolvency practitioner for guidance.

Avoiding Bankruptcy: How An IVA Can Help You Protect Your Finances

Discover how an IVA can protect your finances and prevent bankruptcy with expert tips and advice to avoid financial pitfalls.

How Long Does An IVA Stay On Your Credit File?

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 Checker

IVA Helpline’s Comprehensive Guide to the Individual Insolvency Register for Understanding its Impact on Your Finances.

What Is An Insolvency Practitioner?

Insolvency practitioners are accountants or insolvency specialists who specialise in helping those in financial difficulty.

Can I Get A Joint IVA?

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.

How Will An IVA Impact My Life?

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.

How Can An IVA Fail?

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.

How Will An IVA Affect My Credit Rating?

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.

Can I Pay My IVA Off Early?

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.

How Long Does An IVA Last?

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.

What are the Pro’s and Con’s of an IVA?

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.

IVA or Debt Management Plan

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.

How does an IVA work?

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?

Hiding money from IVA – What you need to know

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.

IVA and Car Finance

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.

IVA vs Bankruptcy – which is right for you?

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.

Can you get a mortgage with an IVA?

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.

How to choose the right IVA company

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.

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