Author Topic: Does An IVA Cover All Of My Debts?  (Read 723 times)

Moses007

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Does An IVA Cover All Of My Debts?
« on: Oct 17, 2019, 12:00:47 PM »
Which type of Debts are not included in Individual Voluntary Arrangement (IVA)?[/font]

justindrew

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Re: Does An IVA Cover All Of My Debts?
« Reply #1 on: Oct 18, 2019, 01:07:06 PM »
IVAs are designed to help people that have fallen behind on their debt repayments, to one or a lot of someones, renegotiate the terms of their loan. while your individual isn't compelled to just accept your request for a personal voluntary arrangement, they'll often take into account it if the choice is you declaring bankruptcy - within which case they might receive less of their money back.