This happens when you agree with your creditors a payment plan. This legally binding proposal is designed either for you to pay your creditors in full or an agreed percentage of their debts.
IVA proposals usually fall into at least one of these categories -
On 26 February 2019, the government issued a consultation to make HMRC a ‘secondary preferential creditor’. My recent experience of ... more
What is bankruptcy? You’re declared bankrupt if you’re unable to pay off your debts. How does this happen? There are three distinct ... more
Find out more about how we can support you with an Individual Voluntary Arrangement. We’re here to help with clear, straightforward guidance.
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