IVA FAQs
IVAs - Common Questions
IVA FAQ’sFor most people an IVA is something new that they’ve got no prior knowledge of. With this in mind we’ve compiled some frequently asked questions to help you understand a bit more about how an IVA could work for you.
What debt solutions are available?
Is an IVA right for me?
How much will my monthly IVA payment be?
How does the IVA process work?
Will I have to go to any meetings and face my creditors?
Will my creditors accept my IVA application?
What happens if some of my creditors vote against my proposal?
What will happen if the majority of my creditors don’t like my IVA proposal?
I’ve got a pending bankruptcy petition against me, is it too late for an IVA?
Will I be debt free at the end of my IVA?
Will I be able to afford to live when I have an IVA?
If I have a windfall, do I have to give it to my creditors?
Will my IVA be made public? What about my credit rating?
What’s more expensive, an IVA or bankruptcy?
Will I lose my house and car if I get an IVA?
How will an IVA affect my business?
Will having an IVA cost me my job?
Is it possible to have a joint IVA?
How do you get paid for me taking out an IVA?
Why should I choose you to look after my IVA?
What happens if I miss an IVA payment?
What happens at the end of my IVA?
Where else can I get online IVA & Bankruptcy advice?
If you have any questions about your suitability for an IVA, call us today on 08000 43 43 41 for professional and confidential advice.
