Advantages disadvantages 3 Free iva report 185 Case studies 76 Contact us 15 Home 51 Banking comparison chart 116 Does britain have a debt problem 119 Related articles 7 Terms conditions 158 Why not bankruptcy 6 About us 16 Financial self help guide 161 Trust deeds v sequestration 171 Credit referance agencies 169 Iva 2 Site map Glossary 160 130 Privacy policy 159 Others 186 Faqs 4 How an iva works 132 Is an iva the right option for me 130
Because this is a legally binding agreement it is essential that you keep up the monthly repayments that you have agreed to. If you do not, the supervisor of your IVA (the Insolvency Practitioner) will initiate bankruptcy proceedings against you.