IVA FAQ

What happens if my IVA Fails?

Why could your IVA fail? What happens to your debts if your IVA fails? Will you have to go Bankrupt? The options available after an IVA fails.

Can you stop an 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.

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?