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Will my IVA proposal be accepted?
Generally speaking, from the creditors’ point of
view, an IVA is the lesser of two evils. If you
were to go bankrupt, the chances are the
creditors will receive far less money than if
you do an IVA. Because of this, even though an
IVA would require the creditors to write off a
lot of money, they usually feel that half a loaf
of bread is better than no bread at all.
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Do you qualify for an IVA? |
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