IVA FAQ

What happens to Overtime during an IVA?

What happens to regular overtime during an IVA? Can you keep one off overtime payments? Will overtime mean the IVA is paid early? What if you get a bonus?

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 you settle an IVA early?

How to settle an IVA early. How much cash will you require? Can you borrow the money you need? Is it possible to use a windfall to settle an IVA?

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?