Individual Voluntary Arrangement

What is an Individual Voluntary Arrangement [“IVA”]?

Quite simply, an IVA is the main way to avoid bankruptcy on the one hand and deal with your creditors in a controlled manner on the other.

The legal effect of an IVA is to freeze your existing creditors to allow you to deal with them in a controlled manner through an agreed plan [“the Proposal”].

Expert Advice

In addition to providing the individual or partners with a free confidential consultation with one of our licensed insolvency practitioners at a convenient time and location, we will assist in the preparation of the IVA Proposal [i.e. the Debt Repayment Plan] that has to be put to the creditors in order to get their agreement to the proposed IVA. Where the individual or partners are trading a business, we will also help prepare the required financial forecasts to be included in the Proposal and where necessary speak and sometimes meet with the business’s bankers and key creditors.

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Your range of financial and legal options depends on which financial issue/s you are dealing with.

For advice and assistance as well as a fixed fee quote, simply click any of the ‘Apply’ buttons below and fill out a short form and we will then get back to you in 24 working hours.

Members Voluntary Liquidation

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Company Voluntary Arrangement

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Creditors’ Voluntary Liquidation

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