IVA - Introduction, Key Facts, Features, and More - Acme Credit

Acme Credit Consultants Ltd25 Aug, 2021Finance

The Individual Voluntary Arrangement (IVA) was introduced under The Insolvency Act 1986 as an alternative to bankruptcy. It is classified as a negotiated debt reduction solution because as part of the arrangement the creditors agree to write off a percentage of the debt owed to them. To Know More about IVA and its Facts, Click on the Link If you are unable to handle your debts, contact us for free and confidential debt advice/appointment