IVA FAQ

How much will my IVA Payments be?

How much do you have to pay into an IVA? What is the minimum you can pay? Are your IVA payments fixed? What if you cannot maintain the payments?

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?

Who will find out about my IVA?

Who will be told about your IVA? Could your employer find out about the Arrangement? Is it possible for someone to discover you are in an IVA?

Can a CCJ be included in an IVA?

Can an existing CCJ be included in an IVA? Are you protected against future CCJs? What happens to an Attachment of Earnings? Is a Charging Order overturned?

Can I change my IVA Company?

Is it possible to change your IVA company? Can you stop your IVA if you are unhappy? Start a new IVA with a different company. What about other solutions?

Will my Creditors Accept an IVA?

Why will Creditors accept your IVA? Do they all have to agree? When do Debt Collection actions stop? What if your IVA is not accepted?