Fast-track voluntary arrangement
id:
fast-track-voluntary-arrangement-249-15427590
title:
Fast-track voluntary arrangement
text:
When an individual been made bankrupt in the UK it's legal and advisable to have a make use of an IVA referred to as a "fast-track individual voluntary arrangement" which implies the bankruptcy order can be annulled if all the terms have been fulfilled. It is necessary to put forward a payment proposal to the creditors that allows them to be paid more than they would under the standard bankruptcy order. The official receiver runs the FTVA for the individual if they agree with the proposal. The f
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Fast-track_voluntary_arrangement
date created:
date modified:
2023-02-02T12:31:43Z
main entity:
{"identifier":"Q5436868","url":"https://www.wikidata.org/entity/Q5436868"}
image:
fields total:
13
integrity:
13