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IVA Debt Solutions

Compare Debt Management Plans & IVA's

The Individual Voluntary Arrangement was introduced by the government in 1986 as an alternative to bankruptcy. Through using an IVA as a solution to clear your debt, you could write off a large sum, agree to more affordable monthly payments and become debt free in only 5 years. You will work closely with an insolvency practitioner who will help you and your creditors to reach an agreement. On average, an IVA will write off between 50% and 60% of the debt.