Before entering into an IVA, we strongly suggest you contact us to discuss whether this is indeed the right solution for you. If it is, we will direct you to our appointed Insolvency Practitioner, who will happily discuss all the elements of an IVA. If an IVA is not the right solution for you, we will ensure that you are given the best advice possible as regards a more appropriate solution.
An IVA should only to be considered if you have assets to protect or are in employment that will be affected by you entering into bankruptcy (check your contract of employment). If you are in rented accommodation or living in a property where there is no equity, then bankruptcy is almost certainly a better alternative.