Welcome to All About Loans - IVA Page
Individual Voluntary Arrangements - IVA's
An Individual Voluntary Arrangement (IVA), is a formally arranged credit agreement between you and your creditors (the people that you owe money to), which allows you to make reduced payments against the total amount you owe. It is a legally binding arrangement supervised by a Licensed Insolvency Practitioner.
The purpose of an IVA is to assist you in reaching a compromise with your creditors usually in order to prevent the consequences of bankruptcy. It will enable you to reduce your debts to a level that you can afford, and then clear them over a fixed period, usually 3 5 years. The single, affordable monthly IVA repayment is based on your disposable income and budget.
During the period of the IVA, your creditors must freeze any interest on the debts, and they are not allowed to pursue the debt, or instigate any legal action to recover it.
At the end of the IVA, assuming all the requirements of the IVA have been satisfactorily met, all of the debts are cleared. You could find that you remove up to 70% of your debts.
Reduce interest payments Interest will be frozen or reduced!
Avoid Losing Your Home No fear of legal action!
No more stress Your creditors will now talk to us rather than hassling you !
Reduce Debt Significantly An IVA can reduce your debt by as much as 70% !
Friendly and courteous service Debts cleared in 5 years! 
A Quick & Easy 1 Minute Application Can Get You....
- One affordable monthly payment
- Debt advice from the experts
- Peace of mind
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