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
 

 

 
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Active Topics on IVA Forum
Refund (by: london_lady)
Anyone else had compensation? (by: SteveUK)
Pension and IVA final settlement (by: Nic68)
<t>Review going to plan</t> (by: Rlh1994)
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<t>When will the IVA come off of my credit report</t> (by: ryan231)
<t>New car needed</t> (by: anna912)
<t>Equity release issue</t> (by: SillyMark)
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<t>Can I get IVA removed from Noddle?</t> (by: beth)
Please help (by: taylor941)
Decision in principle (by: AL28)
<t>Ex Partners IVA affecting my life options</t> (by: martin492)
<t>What is the max amount of cash I can pay into my bank account while in an IVA?</t> (by: paul914)
<t>Will I have to release equity in my IVA?</t> (by: Dinnynat)
Review of I&amp;E after final payment... should this be done twice? (by: Jasmin.75)
true or false (by: Oakley1)
How to find the car insurance when I have an IVA? (by: jhonpaul12)
Can I get a mortgage like a normal person would who didnt have a iva? (by: MrBT96)
<t>Why is legal advice needed?</t> (by: leigh895)
Mortgages (by: dsyork)
<t>Full and final adjourned</t> (by: Phoenix11)
<t>Renting</t> (by: Rachelola23)
Approved travel costs (by: Bethlouise)
Credit card after completion (by: Allywally)
Early settlement/Full and Final (by: JustPlainStupid)
<t>How long does the process take?</t> (by: Clairebear)
Payplan misinformed me what to do (by: warren530)
HMRC wont let us end our IVA (by: Vicky81)
A couple of years on... (by: TotalMoron)
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