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IVA FAQ - Frequently Asked Questions

  
  How do I proceed with an IVA?
How long does an IVA Last for?
What happens once an IVA is completed?
Do I need an Insolvency Practitioner or can I do an IVA myself?
What debts can and cannot be included in an IVA?
Will an IVA stop the hassle from my creditors?
What happens if i can’t make the payments in an IVA?
Do i have to attend the creditors meeting in an IVA?
Why would my creditors accept an IVA?
Do all my creditors have to agree to an IVA?
What will happen to my home in an IVA?
Who will know that I have entered into an IVA, is it publically advertised?
Can I stay in my profession and/or business?
What affect will an IVA have on my credit rating?
How much will an IVA cost me?
What happens if i get a financial windfall (i.e. win the lottery) while in an IVA?




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Clear Insolvency is trading name of Hamilton and Clarke Ltd.
Registered in the UK. Company no. 6465374. Consumer Credit License (UK) 612841
Clear Insolvency, 27 Old Gloucester Street, London, WC1N 3AX