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Individual voluntary arrangement

Submitted by Paolo on Thu, 2008-01-03 15:14.

an Individual voluntary arrangement is also known as an IVA, these are explained in other categories.

Basically, it is an agreement between you and your creditor, with the involvement of a third party, to which your monthly bills are hopefully reduced.

Once you have finished paying your IVA then you are clear of debts.

For more information look below.

IVA truce between banks and debt management companies

If you're thinking of applying for an IVA to become debt free, then your chances of getting one approved might soon become a little

Bankruptcy could be the only option in 2008

UK consumers with serious debt problems considering an IVA or Individual Voluntary Arrangement, might well have to ta

Stricter IVA regulations rejected

Calls for companies who market IVAs to be slapped with stricter regulations have been rejected by the government.

FSA will come down hard on misleading adverts

The Financial Services Association have once again promised to crack down on adverts for Individual voluntary arrangements they call, 'misleading'.

Increasing debt problems

Debt problems in the UK continue to grow, leading to more people having to consider applying for an Individual Voluntary Arrangement to get themselves out of financial troubl

Banks begin IVA probe

An increase in the number of individual voluntary arrangements (IVAs) means Banks will continue to heavily monitor the conduct of debt management companies - according to one

IVA numbers will skyrocket with base rate increase

It's feared by a number of financial analysts that a second base rate hike from the Bank of England will lead to more people being forced into insolvency and having to en

Savings still not popular enough

A leading UK debt charity has warned that the IVA or Individual Voluntary Arrangement will increase in 2007 as consumers are still failing to save money to help service their

Uneducated youth will add to IVA popularity

A leading financial charity have warned that uneducated children will grow up thinking debt is nothing to be feared, and add to the ever growing number applying for an IVA or

The merits of an IVA

The IVA information centre have released a report that outlines the merits of the procedure and the extreme benefits it can hold for many UK consumers.

Two salaries a must to stave off the IVA threat

New research from Scottish Widow's has revealed that many families in the UK have to rely on two incomes in order to stave off the level of debt that can lead to an IVA.<

IVAs may fall as housing market settles

As the UK gears up for what many believe will be a decline in the housing market over the coming months, it has been forecast that number of people applying for IVAs will fal

The IVA has a steady increase

The new figures from Credit Action show that the number of people experiencing severe debt and having to take out an IVA or Individual Voluntary Arrange

Sensible approaches to IVA

A leading expert in the field of the IVA or Individual Voluntary Arrangement has stated the people need to take more sensible decisions as regards whether they actually need

New ATMs may slow IVA demand

New cash machines from HSBC will tell people when they've exceeded their overdraft limit, which some leading analysts believe will lead to less people getting into seriou

IVA a taxing problem

People in the UK are turning towards IVAs or Individual Voluntary Arrangements more and more as a result of not being able to afford their massive tax bills.<

Saving the IVA debt problem

According to some new findings from Abbey, people could avoid having to get an IVA or Individual Voluntary Arrangement, simply by using their savings for debt instead of larg

IVA - some tips on how to avoid it

If you're struggling to repay a loan and thinking about taking on an IVA or Individual Voluntary Arrangement, then it's at least worth looking into the ways you can a

Insolvenices fall in third quarter

The number of personal insolvencies and IVAs in the UK fell in the third quarter, but many analysts have forecast that this is by no means the end of Britain's debt probl

Debt will once again lead to IVA flurry

Personal debt in the UK as a result of excessive Christmas spending is set to once again throw the IVA or Individual Volu

Leading IVA company point to long term debt

The Debt Counsellors, a leading debt mangement company who help consumers obtain IVAs and other sources of financial aid have commented on why more people should look into ge

CAB data illustrates severity of IVA problems

New figures from Citizen's Advice show that they have to deal with over 6,600 claims for financial help a day, with many of those people being pointed towards an IVA.