IVA Proposal Document
 
The IVA Proposal Document is a summary of the main details of a Debtor�s Statement of Affairs?. It includes details about the debtor�s Creditors, Assets, Income and Expenditure.

However, it goes one step further than the Statement of Affairs. It also includes a proposal to the Creditors detailing how much money they are likely to receive back if they accept an IVA and what will happen to the Debtors Assets (house, savings etc) during the IVA.

The IVA Proposal must be drafted by an Insolvency Practitioner and signed by the Debtor. A copy of the document can then be posted to all Creditors for their consideration.
 
     

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
For more information see:
IVA calculator
 

 

 
Action Bar

IVA help ForumThe IVA Forum: Top 30 Hot Topics
 
Active Topics on IVA Forum
<t>Will I be able to change my name whilst in an IVA?</t> (by: louise729)
<t>Debt transferred to Cabot - how will this affect my IVA?</t> (by: jean821)
<t>Disclosing PPI?</t> (by: david539)
<t>Settling my IVA</t> (by: Zebra555)
<t>Could an IVA work for me?</t> (by: Ross poldark)
Credit Report Still Looking Bleak (by: katieweeks1)
<t>Can I do a DRO instead of an IVA if I am not named on mortgage?</t> (by: samantha273)
mortgage question (by: Mark Bruton)
Life changes (by: Mrs_Brown)
Proof of pension contribution (by: rhythmb)
<t>Feeling ripped off</t> (by: iain200)
<t>How do I complain about my IVA company?</t> (by: samantha273)
<t>How long will IVA stay on my credit file?</t> (by: holley136)
<t>Bank account frozen</t> (by: rianna)
Bank staff (by: Francesca)
<t>What can I do about my debts?</t> (by: OA234)
<t>Hi Im currently in an Iva.i</t> (by: nathanandnoah)
PPI Refund (by: anap)
Rock and a hard place (by: Digger)
Vehicle insurance cancelled (by: ElliesDad)
<t>removing a restriction</t> (by: travena)
PPI After IVA Completion (by: Chrisdude)
Working hours (by: Nickibu82)
<t>What do they mean by final checks on my IVA?</t> (by: derek797)
<t>Will HMRC contact IP about drawing a pension?</t> (by: wayne919)
<t>Problems with Freeman Jones IVA</t> (by: CZ75)
<t>Have been advised to release equity but don't understand</t> (by: sandra532)
<t>IVA payments have been increased to a level I can't afford</t> (by: hazel630)
F&amp;F SETTLEMENT ADVICE (by: Dan2991)
<t>Can I do an IVA if I live in the Channel Islands?</t> (by: katrina420)
Forum BrowseForum JoinForum Search

Free Debt Guides
FREE useful guides!




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