IVA advice - what is an IVA and can it help you out of debt?

What is an IVA?

An IVA or Individual Voluntary Arrangement is a legally binding contract between you and your creditors to pay off as much of your debts as you can afford over what is usually a 5 year period.They were first introduced by the Government in 1986 as a way of helping creditors (the people you owe money) recover more money than they would hav

Can i discuss my IVA with another insolvency practitioner?

I'm on a IVA but due to a clause in it, i messed it up big time!

I'm on the IVA at the moment but due to a clause that was written into it by HMRC i failed my agreement within the first 2 months due to loss in earnings. I only found this out 13 months into the IVA after paying what i could each month based on the advice i had at the time (15000+ a month).

Can I continue working as a Police Station Representative with an IVA?

post iva debt

i have accrued a business debt since my iva and now they are sending the bailiffs, what can they take as the business has closed and they are coming to my house but i live with my mother in law