Individual voluntary arrangement
id:
individual-voluntary-arrangement-320-14352989
title:
Individual voluntary arrangement
text:
An individual voluntary arrangement (IVA) is a formal alternative in England and Wales for individuals wishing to avoid bankruptcy. In Scotland, the equivalent statutory debt solution is known as a protected trust deed. The IVA was established by and is governed by Part VIII of the Insolvency Act 1986. It constitutes a formal repayment proposal presented to a debtor's creditors via an insolvency practitioner. Usually but not necessarily, the IVA comprises only the claims of unsecured creditors a
brand slug:
wiki
category slug:
encyclopedia
description:
Alternative to bankruptcy
original url:
https://en.wikipedia.org/wiki/Individual_voluntary_arrangement
date created:
date modified:
2024-03-29T20:27:06Z
main entity:
{"identifier":"Q10670701","url":"https://www.wikidata.org/entity/Q10670701"}
image:
fields total:
13
integrity:
14