Interim Order
 

It is not a legal requirement to take out an Interim Order if you are going to propose an IVA.

Your Insolvency Practitioner will decide with you whether this is necessary or not.

Normally it will only be done if one of your creditors is currently taking serious action against you – for example petitioning for your bankruptcy – which would not be in the best interests of all your creditors.

 


 
     

Most Frequently Asked Questions about IVA
What is an IVA?What is an IVA?
Pros and Cons of an IVAPros and Cons of an IVA
I do Qualify for an IVA - but is it better than bankruptcy?I do Qualify for an IVA - but is it better than bankruptcy?
What is an IVA going to cost?What is an IVA going to cost?
What is the IVA process like?What is the IVA process like?
Click here to read more FAQ about IVA
 

 

 
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Debtor (you) Debt Collectors (or Bailiffs) Judge/Law Creditors (or loan sharks)Insolvency Practitioners  (aka IPs) (or wise owls!) IVA Advisors