IVA FAQ

Can I get a Mortgage during an IVA

Is it possible to get a Mortgage in an IVA? Could you buy your first property? Can you settle your IVA early by releasing equity? Can you move house?

Can we do a Joint IVA?

What is a Joint IVA. Do both partner’s creditors have to agree? Is a Joint IVA always right for a couple? What if you split up during the Arrangement?

Will an IVA affect my Business?

Can a Company Director start an IVA? What if you are a sole trader? Will you be able to maintain your business bank account?

Self Employed – Can you do an IVA?

Is an IVA available if you are self employed? What if the business has just started? Is the bank account affected? Can you use any credit facilities?

Can you stop your IVA if you are Unhappy?

Is it possible to stop an IVA? Why might you want to? What are the implications if you are a home owner? What happens to the payments you already made? How to stop an IVA.