Frequently Asked Questions about IVA   The idea of the site is to provide an open and less serious approach to IVAs. The site is the perfect aid to IVA solutions containing in-depth news, articles and advice. For a complete list of IVA solution providers please see this list: IVA companies and IVA solutions. IVA Squirrel is sponsored by Vincent Bond & Co. Vincent Bond & Co offer confidential debt counselling service, providing advice and solutions for personal debt and insolvency problems To see whether an IVA is right for you try our IVA Wizard (right hand side of this page) orfor help and advice on debt solutions please call 0800 8760999           Frequently Asked Questions about IVA What is an IVA? Pros and Cons of an IVA I do Qualify for an IVA - but is it better than bankruptcy? What will happen to my house, car and other assets in an IVA? Will my IVA proposal be accepted? Can creditors change their minds after IVA has been agreed? What happens if some creditors refuse, and others accept? What is an IVA going to cost? Will an IVA stop creditors hassling me? Will an IVA affect to my credit rating? What support will I have from professionals? Is the IVA process a confidential and discrete one? What is the IVA process like? Can I have a bank account if I am in an IVA? I am a sole trader – do I qualify for an IVA? Can I do an IVA together with my partner? I am on Income Support – do I qualify for an IVA? What do I do next if I want to proceed with an IVA? IVA Case Study For more information see: IVA pros and cons               Action Bar       Write off up to 75% of debt Government approved   Interest rates frozen Protection from creditors Find out if you can do an IVA:   Total debt (not including mortgage) £ (number only)     No. of Creditors (Companies you owe money to) £ (number only)     Monthly Income (approx) £ ( number only)     Monthly Expenses (don't include debt repayments) £ (number only)     Own your own home?__ Yes No   This wizard will tell you whether the IVA is the right solution for you, what the monthly repayments would be and how much of your debt an IVA would write off. If an IVA isn't the right solution then the wizard will recommend 1 of 3 other possible options. The IVA Forum: Top 30 Hot Topics   Active Topics on The IVA Forum For IVA Community OMG just got our car insurance renewal (by: plasticdaft) Running a pub? (by: secure69) washing machine (by: kallis3) spending money (by: kallis3) post office online saver (by: plasticdaft) How do I get 2 late booked defaults removed ? (by: plasticdaft) Hope everyones well x (by: plasticdaft) Diet & Fitness 2012 (by: Julie) My circumstances have changed. What should I do ? (by: plasticdaft) Help with complaint against DMP company, please (by: plasticdaft) Hi Please help! The IP handling my IVA has been struck off (by: plasticdaft) which company ? (by: plasticdaft) fourth year release? (by: kallis3) Amending IVA to tie in with new 12 month contract ? (by: kallis3) Luxuries (by: plasticdaft) Footy predictions. (by: Julie) Getting a mortgage while in an IVA ? (by: plasticdaft) Refunded twice (by: plasticdaft) Closing cases - could this work? (by: vince666) payments after completion (by: footiemad) were on a DMP but should have gone the IVA way (by: Foggy) Paymex (Blair Endersby) VAT issue (by: vince666) Any chance of getting a loan while in an IVA ? (by: kallis3) None of my creditors have voted on F@F. What should I do ? (by: kallis3) Could we make an offer ? (by: lem) Would you be made bankrupt for failing IVA ? (by: kallis3) Its here, its here, its here!!! (by: corfu) experian (by: TheMatrix) A charge on the lease of my business (by: MelanieGiles) unwilling to part with inheritance (by: MelanieGiles) FREE useful guides! Need some cheering up?   Common Sense Fun Quiz (Recommended!)   FUN QUIZ   Moral Dilemma Personality Type Dalai Lama Handwriting Sexual Type Fun Quiz Dream House