Articles – IVA Information Expert Help and Support

Options if you can’t pay your IVA due to the Coronavirus. Ask for a payment break. Reduce your payments. Could you stop your IVA and go bankrupt?

Who will find out about your IVA? Will friends and family be told? Are your bank or employer informed? What is the Insolvency Register?

Will an IVA stop bailiffs? How long does it take? Which debts do bailiffs collect? How can an IVA stop bailiffs? What bailiffs can and cannot do.

IVA or Debt Management – Which solution offers the greatest protection? Which lasts longer? Do both solutions write off your debt?

Can you run a sole trader business if you have an IVA? Can you include your business debts? Will you still be able to use credit?

Can you pay an IVA early? Could you settle your IVA if you get a windfall? Using home equity or your pension to pay off your IVA

What rent arrears can be included in an IVA? Arrears from a previous property? How can an IVA help you pay your rent in the future?

Is your pension fund / pot at risk? Can i be forced to release funds? What if you start taking your pension? Can you maintain pension contributions?

What are the effects of an IVA – how will your life change day to day? Are family and friends effected? What are the short term versus long term effects?

Can you remortgage during an IVA to release equity? Is it possible to keep any of the money? Do you have to remortgage as part of the Arrangement?